This would not necessarily be the case, or the spread could go the other way, though such motive could present one reason for conversion.I am not even sure if rent control gets eliminated through a possible condo conversion in most towns in Hudson County - West New York, for  base condominium rent > $1000, is one exception, it seems valuable to determine the others.

Great post and many of the responses are valuable here. 

Do they want the transactional expert or would a relationship be more valuable to them?  

Did Covid teach you anything about predictability? 

Very valuable information.

As we both know not everyone are entrepreneurs, but real estate and entrepreneurship is all I know to teach.

Not sure if Eddie Speed is still around and teaching out of Dallas, but I used to hear him speak years ago and he seemed like he is/was an expert.   

By collaborating, we can leverage the collective knowledge and resources of more experienced investors in this forum, gaining valuable mentorship to accelerate our growth.

You should be able to find a PM in your target market to help manage everything for you (I don't recommend managing from a distance...it can be a nightmare and your time is more valuable focusing on your sales business). 

Your guidance has been incredibly helpful, and I now have a valuable direction to further research.