I would do this whether you choose to bring in the town/city no matter what.

If you choose, you may indeed take your business else where but we value you as an investor and would very much prefer you to trust us so that we can continue to manage your property.

The city tried to make them paint the wall back when they added a mural to help their adult autistic son describe where he lived when he'd wander downtown and forget how to get back, but the city worded it that the wall and house had to match. 

But do banks sometimes change their minds and choose to sell and start with super low bids?

When we buy a new property we give any month to month tenants the option to sign our new lease or to lease (and they get the correct amount of time-based on what state it is in if they choose to leave.

At the turn, all of the units will need some rehab (mainly cosmetic, carpets, paint, etc). 

Kitchen was doubled in size, full paint inside and out, re-glazed bathrooms and new flooring throughout.

The kitchen had already been redone, so that expense was deleted, all we had to do was paint, and we've installed new carpet, and so far, new flooring and a new shower surround in the master bath.

New carpet, Paint, and a new shower surround in the master bath.

That will help you choose a market as well.How much of a down payment do you want to make?