A cap alleviates the need for limiting the choices. 

I think the WYZE wireless will be a good interim budget solution but I don't think it will prevent loss of property or alleviate the concern without the accompanying lock on the basement door. 

If you are purchasing an investment property and are able to put it in an LLC name, the problem of a tenant looking it up is alleviated but I understand that this isn't always the case.

That should help alleviate the issues at hand. 

I could see Pensacola continuing to appreciate so I feel as if getting a good property manager would alleviate the headache of being an out of state landlord.

Is there a way to pair this where the $14k annual gift to alleviate some taxes?

Some IRAs structure it as loan and mortgage with an interest rate and possibly a share in the upside -thus alleviating the risk and potentially the UBIT. you should use an attorney and cpa to help you- especially if this is first one. 

Your lot is ~700 sqft so I would look into getting a zoning variance to alleviate the setbacks and maximize.

This seems rather drastic but could it be used as a way to alleviate potential liabilities from everything that could go wrong?

We'll be repaving the driveway and adding additional parking area, alleviating one of the pain-points for the tenants.