It has shareholders, which is a subtle distinction. 

The Chicago MSA is still the 3rd largest city in regards to commerce in the USA.I would target bronzeville, bridgeport, kenwood, pilsen, rogers park, and west ridge.

At one point, there was no work at Lockheed the largest county employer let go 98% of employees.

The largest "corporate" companies got there by hiring to fill growth. 

Looking at the outlying towns is a very important distinction because you'll think cash flow is impossible if you're only looking at the City of Orlando proper, which is only 270,934 people of the metro area's 2.4 million people!

There are 8 wards and most are distinct.  

Curious to learn about your process so far, did you purchase the property as a second home or investment property and specific to your question, was this distinction asked by the homeowners insurance company?

Again, it needs to be evaluated one-on-one before we know whether cost seg helps your parents.One critical distinction is that they bought a short-term, as opposed to a long-term, rental.

The largest being immigration.

I alluded to this earlier but one of the largest management companies in Memphis and sellers of investment (non turnkey) real estate in Memphis told me to avoid section 8 at all costs in Memphis and I imagine that’s most of what you get in a 400 dollar rental.