Depends!

@Olivia BlakeAsk the tenant what repairs they are referring to, and depending on what they are, make the repairs as needed.

The precise property forecast can vary depending on a lot of factors but the general demand is really what you should use the tool for to make your plans. 

The main downside is being dependent on the HOA—issues like poor management, rising fees, or unexpected assessments can hurt your investment.

It will probably depend on your experience and connections with lenders.

It depends if you need or want the money out or want an asset that will bring in income, especially since you own it cash.

Some good advice above- it really depends on their "need" for the cash.They could always turn it in to an investment property and eventually do a 1031, leaving a legacy for their kids some day. 

The tax treatment in such cases may vary depending on specific circumstances.

It depends on the deal and the risk profile.

Quote from @Chris Seveney: @Charlene Kingsnorth have you had an sec attorney also review what you are doing as if you're are having multiple people as part of a loan participating in it depending on the state this could get you in hot water - so be careful  good point Chris some state allow fractionalized deed of Trust mortgages other do not or require PPM like documents prior to offering them..