Rather than that, if a loan is called because the property underwent a condo conversion (apartments into condos) or subdivision process without the lenders awareness/approval, would they still be required to offer a preforeclosure period before being able to foreclose, as is the case for lack of payment?

I don’t think I’d take the deal if they offered $1,200/mo, unless they put down $50k. 

However, based on their website, they do offer competitive programs for fix-and-flip investors.

So far I keep hearing about Titan and Solera banks but they only offer checking with no interest. 

Find three properties and make offers on all three at once subject to.  

I am sure they know which carriers (though they may be non-standard and pricey) are still offering coverage there.

@Timothy Eaton I live and invest in this market and am glad to offer some feedback, feel free to PM me.

Other than that not too much you can do, the only alternative post-closing would be to offer cash for keys for someone to move out quicker, but if it's short notice to vacate period like 15-30 days than it's probably cheaper to wait. 

But if its a strong offer just play it out. 

They are paid hourly and will soon begin going door to door to offer creative financing deals to home owners.