But what about the huge amount of debt that is currently being built by the government.

Because the bank wont accept more then $499 in cash unless from an account holder, a Federal law just went into effect.

Additionally, gifts have tax consequences and IRS guidelines govern gift amounts. 9.Seller-Assisted Down PaymentsNonprofit groups formed in recent years offer down payment money to certain buyers.

Now may not be the best time to purchase a buy and hold due to the inability to evict BUT it may be a good time if you're open to purchasing a property to rent out to Section 8 Tenants which are paid through the government.  

My thinking is that in order to stabilize the economy, the government need to make sure lenders are lending money and lenders won't do that if they essentially don't have an enforceable lien against the property (unless they are being HUGELY subsidized)So I think everyone has a dog in this fight (although not as much as you). 

.)# of Bedrooms (1 or > 4)Market:Decreasing property valuesInterest ratesRent ratio to Selling PriceCounty or local government requirements, high fines, unusual lawsOnerous property inspections or rental requirements (i.e. licensing, sprinklers, etc.)Population decliningEconomy declining, if there's only one or very few employers locally/high unemploymentCost of laborViolent crime rateHigh mortality rateMedical care availabilityPoor business environment RuralBuyer’s market/oversupply

She's now reached out to tell us she can't pay June rent and is waiting for government assistance.Any guidance would be greatly appreciated.

I don't believe this is discrimination on a federal level, but may be depending on state. 

@Hagai Ben-shushan the biggest thing to be aware of is that foreclosures are pretty scarce right now due to the moratorium on foreclosures of any properties with government backed mortgages including Fannie Mae.

Are you primarily looking for help with Illinois state taxes or with Federal tax write-offs?