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I don't have data to support them but am interested in the conversation.

Affected tenants must receive notices at various stages of the application and approval process.124 Thesenotices are designed to allow affected tenants and the public to have a voice in the approval process.125 Tenants can check with local elected officials or housing agencies about the approval process and opportunities for public input.Perhaps most important, affected tenants must be given written notice of the conversion to condominiums at least 180 days before their tenancies end due to the conversion.126 Affected tenants also must be given a first option to buy the rental unit on the same terms that are being offered to the general public (or better terms).

I would definitely dive a little deeper into that conversation with your lender about that grant.

I also need to be able to track the results of the direct mail campaigns and keep notes on conversations with sellers, set reminders for follow up calls, etc.I guess what I need is a CRM that can do all of this in one.

I think I've got a great deal in front of me but haven't done a Condo Conversion yet...  

Ideal central location (with new Class-A all around), very nice neighborhood, good bones, easy conversion from 2/2 to 3/2 units, good rent comps, high potential rent increases through capital improvements, no title issues or liens conveying clean title and warranty deed, well-liked long term month-to-month tenants paying well-below market rents.  

The market does seem inflated to me in Austin as well but I don't have any experience to base this on besides conversations with friends.

The rehab loan is called homestyle renovation loan and based on conversation with one lender yesterday is only given to seasoned investors for out of state investing.

In a recent conversation with Tim Macy out of San Antonio, TX I learned more of the value of this Network.