I see you mention having an LLC, so I'll share my generic advice on that topic.An LLC is useful for two things: anonymity and legal protection.

Hi Audrey, you came to the right place! 

As we grow older, it will be a topic we will be dealing with more and more.Thanks for sharing!

If there's an alternative method that has worked for you, please share. 

If they say yes, find out what they like and then find out if there is anything you could do to make their place better.

If a family member is living in the unit, paying rent on time, and taking good care of the place, maybe it’s worth keeping them happy.

Hello Robert,Thank you for your response on BP.We'll be glad to further discuss and look for opportunities together.I've just shared a connect request with you, so will be happy if you can approve this so we can connect offline.

@Martin NestaI don't have much info for you - but I do know the 'nature of the beast' I can share with you... perhaps something will help...Most property tax "just values" in Florida - the value they say your property is worth - are intentionally set about 15-20% below market value.  

You get the benefit of 2 years+ of appreciation, tax free gains, protect yourself from buying in a crappy neighborhood because it looks good on paper - you're going to live there...the best test for a good investment location is if it is a desirable place to live - and your risk of running out of cash is lower because you can take your time.

Meanwhile, the deed is placed in escrow.