Wife and I are about 7-8 years away from retirement (from Atlanta). 

Seems like stable economy,  Seems like COP has also gained about 10% on USD, so maybe that is as good of a place as any?

The 2nd part of the question would be what is the family situation how many siblings will inherit the property if the property passes, and keep in mind your husband has his inheritance in that property as well, so you should consider that when negotiating a price.If you can I would try to build a quadplex on the property, this is going to be the easiest way to generate money, and the most stable route for future income. 

AS well they are both stable and producing quite a bit of monthly income.

AS well they are both stable and producing quite a bit of monthly income.

( both new builds and or rehab properties) I was not able to find any, rent to retirements has some in Ocklahawa which is kind of close to Ocala…but from what I read on the forum Ocklahawa is a lot more rural than Ocala, and not appreciated as much, is this true ?

Well gents, let the OP decide when he gets an opportunity to try the system, otherwise, its the so called spammers words against the premium stables of BP.

These regions have maintained a strong rental market thanks to stable demand and controlled new construction.San Jose and San Francisco Emerge as Surprising LeadersIn a surprising twist, San Jose, California, posted one of the most significant jumps in apartment rent growth during July, climbing from 2.8% to 3.4%.

At first I thought he was going to give me a good butt chewing, but it turns out that he is ready to retire from investing and was looking to sell off some of his properties, eight in all, so he and his wife can spend the rest of their days without the hassle of having tenants.

Without an exact numbers breakdown of each option (which should obviously be my next step), I think my ideal situation would be to sell the SF and roll the equity into this, leaving me with a modest holding cost that I can absorb with my stable W2, and keeping the HELOC for any larger ticket items I need during rehab.