léonie, in your answer to my first question, you said to "enable the 'Ignore Ownership on this volume' flag for the external drive, if you want to open the library from a different Mac." The problem is that my external drive is a Time Machine backup drive and it does not display this flag at the bottom of the Info box. If I make a copy of this "Photos Library.photoslibrary" packet and paste it in one of my Dropbox folders, will I be able to open this packet on another Mac from this Dropbox folder? If not, do I just need to get another external hard drive to keep a backup of this "Photos Library.photoslibrary" packet?
Also, in your answer to my second question, you said "With Optimize Mac Storage active, your original photos will be in iCloud and not on your Mac and not copy over to the external drive. Then you will have to disable Optimize Mac Storage and wait for your photos to download before you copy the library." But even if have selected Optimize Mac Storage, shouldn't all of the photo files be stored on my Mac as long as I have sufficient storage space on my Mac's hard drive?
Thanks so much léonie!!! I really appreciate you taking the time to answer these questions for me.