Your target demographic can be blue collar working class and lower middle class service sector workers.  

You can also do research on various sites and government contacts to get this info a little more specific

@Justin KellyA couple things from a seasoned Association Manager...1) Read the rental cap rules in your governing documents (usually in the declaration) - many of them have requirements as to how an owner is to be notified of an opening - you might ask management to see the waiting list and proof the notification requirements are being met.

The reason being is that you can't help anyone if you go out of business, a possible outcome of far below market rent or altering your proven tenant selection criteria.There are many major problems across the board in society: homelessness, drugs, mental illness, poverty, veterans issues etc that all need major policy work, so perhaps get involved or give to non-profits or lobby for government action. 

Then you can use a government down-payment assistance program to pay a majority of the down payment costs.

I don't want cash flow necessarily right now, because my tax bracket is so high, whatever I make I have to give so much of it to the government.  

When you accept Section 8 you are partnering with the Government.

On my government contracts, if the building is occupied, there is a decibel limit that I could operate on, if neighbor complains I had to stop that kind of work or stop work at all.

Being a government agency, make sure you double check all the work, deadlines and signatures that your agent prepares.I don't recommend condos as rental investments, but this one doesn't look too bad.  

Ask for his schedule c to see what he's reported to the government and call the utility companies yourself to see if they will give you an average cost monthly then multiply that by 12 for your annual costs.