Good occupancy and solid CAP rate.

If you're considering hard money loans, they can provide fast funding, but with higher interest rates and shorter terms.

As @Jonathan Greene mentioned this is kind of a dated strategy in the new price/interest rate environment.

Rent, Expenses, NOI, Cash Flow, COCR, Cap Rate, Market cap rate. 

It's very difficult to get SFR to cash flow these days with interest rates as high as they are.

They could self manage for several years, using the rental income, until the next phase of their retirement.If they have a decent amount of financial discipline, they may want to get a HELOC now before they build to get the most favorable rate.

@Jordyn Ohs Assuming your heloc is re-advanceable and the rate is higher than your mortgage, I would suggest you pay your HELOC down as quickly as possible with any cash flow from the properties.

We like self-storage because even if there is a recession, and people downsize, those people will have a need for self-storage, as evidenced by storage occupancy rates during past recessions.

Potentially lower down needed of 15% with better rate and 6% cap in IPC’s

There are plenty out there with fair rates and lower fees.