If for some reason this falls through should I attempt to offer more money for a quit claim deed or proceed with the newspaper notification process. 

Goes back to that original thesis in a thread long time ago-- quality over quantity.

The last thing you want is to have a home run deal that theoretically should be a high-profit flip but is ruined because your contractor screws you over in some form or fashion (late deadlines, inaccurate scope of work, etc.). 

Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.

As a student without W2 income, you may need to show alternative income sources like savings, freelance work, or a job offer.

I never put my time into finding buyers unless I had something to offer.

I've heard nothing but complaints from customers AND their franchise agents reegarding the quality of their 800-number service center. 

Additionally furnished to offer as a short term rental.

there are multiple cities across the Midsouth that make for solid investments and you are still able to even see some cashflow even in today's environment without buying just straight up high risk properties. 

You can go to Redfin or Zillow and see the level of finish houses with short DOM have in the area, can you at least match that quality?