its a classic sub too rip the rents scenario.. and why I personally think Sub too is extremely dangerous for the average seller.. there are NO assumptions any more.. banks dont' do that.your person who is on the loan has now got her credit trashed because of this.. they don't own the home its a nightmare situation.. of the first order.you would have to find the sleaze ball who bought the deal and get them to deed it to you..

My realtor dropped the ball by giving me her phone number.  

It appears that this process may not be the best way to get the ball rolling. 

Because of the tenant issue and the fact we could not get an interior inspection, we made a low ball offer on the property.

Puts the ball in her court to pay or move..

My wife and I also own a small business that is our main focus, so for now I'm just looking to diversify and get the ball rolling with turn-key.  

Part of me wants to cut ties with the seller, but the business side of me says to stay and play ball. 

Could anybody give me any advice on the action steps to get this on ball?

Also I hear people here complain about the presentation of the offer on a low ball offer.  

I'm glad it worked out for you, but my crystal ball seems to be broken right now.