This shouldn’t deter you from purchasing this property.

I have prospective tenant who has signed a lease but hasn't sent deposit yet. 

Find some people who run yard sales and purchase estate items that you can bring in.If someone has been thinking about selling, but are overwhelmed at the prospect of fixing the house to put it on the market, your letter could just do the trick if you let them know what you will do for them.

You'll simply end up turning away too many prospective tenants. 

I am not sure how my prospects would be to get into the general contractor side, but I really like the idea of it.

I have a hard move-in date that the tenant must adhere to, but if I cannot provide the unit to them within 14 days (outgoing tenant holds over, tree falls on building, destructive fire, code violations, etc.) they can walk away free and clear, or delay occupancy (their option).The money they are asking for in advance is absolutely par for the course; I require first, last and security deposit (as well as any pet fees) to be paid before I will even sign a lease with a prospective tenant.Maybe someone who is more familiar with HOAs can chime in, but it seems possible that they would have their own bureaucracy that they would subject their owners to.No legal advice given.

A strong agent will prospect daily for buyers for a property.

@Nicole Candelario thank you very much for the advice, I have a partner that was working for this company name bright prospect, they basically help students with college but he quit like a month and like 2 weeks ago, give or take but now he’s running Uber and now dedicating his time to real estate.If I co-sign with him on a quad MF property and he live in one unit and I live in one and we rented out the other 2, even if we don’t make Cashflow but cut even then that’s fine cause every other income we get would help towards our Real Estate endeavors, do you think an idea like that would qualify us for an FHA loan.

What is considered "No Money Needed To Get Started In Real Estate" from a Low/No-Income prospective?

I am just a small business , mysself and 3 men with better skill sets alowing me the time needed for prospecting amoung the the property management groups and investers needing a rehab crew.