The city’s diverse economy, which spans transportation, healthcare, and education, provides a solid foundation for long-term growth.

Pros - guaranteed rent, tenants stay longer on averageCons - more mgmt needed (lease violations), they tend to not take great care of properties (increase maintenance expense or deferred maintenance)

Still have to be careful though, with the block-by-block challenge, depending on the Class of Neighborhood.Also, be sure you understand the difference between the City of Detroit and the suburbs!

Took good care of the property as well.  

So first, I'll answer your question then I'll tell you what I would do if that matters or you care.1) I don't see a need to choose one or the other. 

Quote from @Amy Smith: Be careful you don't get in too deep.

Rehab Loans do not generally care about your DTI or your income.

I personally used a 40k ADU grant with CALFHA HPP Cares that covered a chunk of the cost.

And there are landlords who only care about maximizing profit and nothing else.

I believe if your mother-in-law runs out of money that Medicaid will step in and pay for the nursing care.