The partnership with Rose Brown exemplified our collaborative approach to maximizing property value through strategic investments.

If you really want the property and don't mind a small gamble put down an amount of earnest money that you will not be upset to lose and that if you were in the seller's shoes would make you feel OK about taking the property off the market for 60 days and make it non-refundable to be conveyed to Seller upon offer acceptance. 

Considering the situation now, if you were in my shoes, what would you do?

Sub2, LO, SLO, OF, Wrap-AITD, etc see http://www.biggerpockets.com/blogs/3/blog_posts/41...It takes shoe leather, some flyers, knocking on doors, networking, gas, etc.But you can "bootstrap" alot.

If I'm in your shoes, I would consider chatting with a couple of lenders to start off with mainly because your lack of income history would restrict you in terms of the financing you'd qualify for. 

We had the ability to step in the shoes of the seller in the event of default and continue making the payments and secure the property.

That 'L' shape is from their shoes in front of the sectional "Couch".

Over the past year, prices rose by double digits in a few dozen cities, many of them clustered in areas that were hit hard and where homes are still relatively cheap.

If I were in your shoe, I will simply buy the house from her using a simple purchase agreement. 

If I were in your shoes, I'd give them a 30-day notice of non-renewal,  and apologize, but say you'll be moving in and you'd be happy to be a landlord reference to help them in the future.