I tried Craigslist & that failed, i tried job boards but keep getting blocked from posting, ive tried drop cards, knocking on doors, bandit signs, mailers, even facebook isnt working, nothing is.

With that being said, would i be able to qualify for any sort of down payment assistance program? 

However those costs will likely qualify for 100% bonus depreciation, which is an added benefit with the new tax reform.

I have a prospective tenant who must prove income of at least $3000 monthly to qualify to rent my property.  

@joelnobles being a co-signer on your sister's lease may factor into your debt to income ratio when qualifying for an FHA loan, This would be something to discuss with your mortgage broker.Best,Johnetta G.

In regards to the comments about profiting from the HOA's, The HOA's are Not-for-profit entities, If you owned the property management company that won the owners Board voted contract to manage the property, that's an option to make some additional money but you can't make money off of the HOA directly.I would also suggest paying attention to your competition in the area, apartment buildings, What amenities are being offered versus what you'll be able to offer with your unit, what are they charging versus your all in cost to operate your property, etc. lastly pay close attention to the interiors of the condos and apartments in your market since you'll have to offer similar or a better interior depending on the other amenities with your property.

After a year or more you should have enough equity and experience to qualify for a standard bank loan which will enable you to pay your Dad back.$25,000 loan8% interest$183.44 monthly paymentI hope that makes sense.

What does skin color have to do with anything?

so you should qualify for the 250/500 exemption, no?

I'm hoping there's a few people with some money saved up who really want to live in this area but can't quite qualify.