I own a few in Central Florida as well.  

Since you are not a skier, a home or cabin that is close with its own hot tub and other stuff sounds great You can do much more with a home than a condo.

I don't like AI descriptions (sorry @Andrew Steffens).They look and sound completely like it was written by a bot, which it was.I like to write my own copy for listings and I respond directly to all guests, inquiries and issues.

How many properties do the owners actually own themselves?

I used a hard money loan to finance the purchase and rehab costs, with a small amount of my own cash for contingencies.

I used a hard money loan to finance the purchase and rehab costs, with a small amount of my own cash for contingencies.

They buy and source their own deals.  

The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Homestead versus Non-Homestead Millage RatesCounties & cities in Michigan are allowed to set their own millage rates, with one restriction – a primary residence (Homestead) is exempt from up to 18 mills of school taxes on their Homestead property.

You are a high w2 earner, The house is worth 110k today, you are buying from your grandma for 60k in exchange for free rent for life, upside ARV of 200k.The costs of owning the house will help provide tax relief on your high w2 earnings, you are buying a great chunk of equity that will pay off in the future, and you and your grandma are doing each other solids. 

We take accountability for our own actions however, in this instance we will not.