I also was the company controller for a manufacturer for several years and have a degree in accounting. 

Pay rent, control the property, inherit it when he dies.

Regain control of the property .

If it fails, property taxes will be out of control in the years to come.

If you have equity you can pull part of that to invest in other properties so being a homeowner can make investing easier that way .Has to still be in the right area though, in L.A for example it’s super tough to find a house hacking deal that makes sense even if you go in rough areas , plus there is rent control .I don’t know much about the market in Sarasota , but have bought properties in other parts of FL, prices in decent areas are a lot more reasonable than CA

They manage my former primary residence for me and usually are very responsive, I can talk to the owner any time, and they have good control of the statements, payments, insurance, etc.http://www.hrgaustin.com/property-management/Hope this helps!

They give you complete control over who gets in and you’re never locked out.  

@Brian J Allen  Isn't the cannabis control commission in MA putting its HQ  location in Worcester?   

What self-directed IRA offers is the ability to diversify beyond the stock market and invest in what you know, understand and have greater control over such as real estate.

I am rebuilding my credit since family problems took a toll on my finances and I want to take control of my life.