Since you're 6-12 months away from buying, use this time to build investor relationships, master deal analysis, and secure financing.

I just sent you a private message.

If you can purchase this home with private money or seller financing and get a $110k loan, then you could do a rate/term refi right after so do a 90 or 120 day note to secure the property and get it in your name, then refi into long term debt using the full appraised value. 

The seller had a military contractor job with security clearance.

Private Money Lenders (PML): More flexible, relationship-based funding with lower fees.

Choose the Right LocationProximity to Campus: Prioritize properties within walking or biking distance to minimize transportation costs.Safety and Security: Research neighborhood crime rates and local security measures.Access to Amenities: Look for nearby grocery stores, healthcare facilities, and entertainment options.3.

Feel free to reach out and we can chat about private lending.

There are always other options-hard money lenders, private lenders; but they are riskier and will likely have higher rates.

I might have a private lender referral that does rural loans in Mid-MO if you're interested. 

If there are plenty of studios or private single rooms at the same price or cheaper than a shared-space room at your place, you will definitely have a hard time filling up.Are there extended-stay motels in your property's area?