My bad on the delay... didn’t get the notice but you can write your own quit-claim deed... if this is the intended question.  

A lot of people in your position would buy a move-in ready house with an FHA loan to minimize their out-of-pocket expenses. 

Her children (2 of them) currently live at the property (ages in mid 20's).We closed on the property, and drafted a contract with the wholesaler (Who was the POA for the out-of-state owner AND is a family friend of theirs) to delay disbursement of assignment-fee funds until the property is vacant.The occupants said they would be moving out by this weekend.

this just delayed my refi stage by 4 months!

The one-year time period will allow us to minimize the holding costs and, if I understand correctly, avoid the capital gains tax.Thanks in advance!

(There is some delay in getting it and you can pay a few bucks to get it a little faster but I don't really care about that so I don't.)

The long-term goal is to maintain minimal living expenses and increase side-income!

If you play your cards right, you can find a lender who will allow you to use the "delayed financing" exception to do a refinance without having to wait the usual 6 month seasoning period.  

I am on an income based repayment plan for student loans, and at this point, I would heavily prefer to minimize payments via minimization of AGI and focus on investing.

https://www.biggerpockets.com/blog/minimize-risk-live-in-flip