Hi, all - I'm having the same problem. Kinda relieved to see that it's pretty common.
I'm using a 5.25V 2500muA AC adapter to power my board and trying to run OS 2.0.7 from a SanDisk Ultra Plus 36G micro SD card and getting nothing. I've also tried running OS 1.8 with the same result. I can't get an ssh connection to my computer, so I'm connecting to my TV via HDMI.
I downloaded Armbian like Per Buer recommended but it isn't an .img file and I can't upload it without an ssh connection. I've also tried disconnecting the mouse, keyboard and Ethernet so as not to tax the power supply. I've also let it sit, hoping that it's just thinking really hard on its initial boot-up, but it doesn't respond at all.
The power is more than I need and the card seems to fit the specs.
Any ideas about what else I can try?