If that's the case, you'll want to start with a fix and flip (or hold) type of loan, complete your renovations, get it rented out and THEN refinance into a DSCR loan for a long term hold. 

Purchase price: $90,000 Cash invested: $60,000 Buy and hold that I still have to this date.

This is too much out of pocket for a net cashflow of only $175/per month on a holding property. 

-Build a strong network in Detroit of real humans over a period of months, buy a better deal, hold it for 10+ years, weather early storms:  better chance for success.Even on that latter deal though, are you going to cash flow in month 1 or year 1 or even year 5? 

Quote from @Christopher Stevens: Investment Info:Single-family residence buy & hold investment.

If they have a 100 unit property and 5 units are eviction candidates, they can leverage and hold out a bit since the other 95 units are performing.

Investment Info:Condo buy & hold investment.

Then, in April last year, my husband and I started a business, and I temporarily put both of those on hold while taking care of my dad.

As U.S. citizens residing in Europe, we are required by the local tax code to hold the property in our personal name.

In my personal opinion, I think the return of 100% bonus (or at least expanding 179 a bit) is somewhat likely with the new administration, so it might be worth it to you to hold off on doing anything until things look a little bit more concrete.