I am a seasoned investor in Kansas City and looking at MS for future opportunities.

@Shaheen Ahmed you can find all the info you need online if you know where to look - except that the City of Detroit Assessor's Office is consistently undervaluing properties to keep property taxes attractive for investors - to keep improving the city:)Here's some copy & paste infor for Michigan Property Taxes that you might be able to use as a template for other areas - or you could start investing in Detroit:)----------------------------------------------------------------------------------------------------Michigan has some of the most complicated property taxes in the USA.

I’ve mentioned it to people at work and some friends who are moving to the city, but my place is either too far for them, or they prefer their own space.

I would actually call the city of Laconia. 

You also will face a byzantine, corrupt, and incompetent city government. 

Are there any city or lender required repairs that will require an immediate injection of capital?

It took five months to do the work on the home in Yuba City CA.

You can do some really cool, unique, and creative designs with containers.Do seniors want to build/buy in a rural area vs city area? 

As Sean Wagner mentioned, the city of Chicago has adopted their own regulations on charging what's commonly referred to as a "security deposit" you need to do it another way. 

In some very attractive markets like coastal cities I can see it being worth it not to rent the unit or rent it only under very limited circumstances in the low season because the high season is just too lucrative to allow anything to affect those bookings.