I evaluate the performance of every income generating property that I own. 

If my target would be low income residents, are there any grants, tax credits, or funds available to help me with the conversion? 

Im a huge fan of themI think both - they will bridge the gap with middle-income renters and also appeal to the higher-income bracket.

It's going to offer Strong economic growth, Appreciation (especially in DFW), Tax advantages (no state income tax), and a Growing population, including infrastructure and amenities. 

Quote from @Mordechai Chaimovitz: Can someone please explain to me why people are buying 2 flats that rent comps show $4,600 a month in income for 665k+?

Everything I'm finding says 27.5 years due to it being rental income but others say 5 years because it's an RV.

They're highly popular for turnkey rental properties because qualification is primarily based on the income generated by the property itself rather than the borrower.

On a commercial asset the value is directly based on the NOI (net operating income).

Fake income documents are easily purchased online, and inexperienced screeners often miss red flags.

If your firend wants to stay in the place AND has the funds/income to do so, they need to refinance in their name ASAP (as part of the process), not 5 yeas from now, not if they remarry, not 10years from now.