I work in finance with a JD, but I still haven't found anyone in our situation.

Hey Paul,Sorry to hear about your situation.

Still learning and working out a way to attain financing since my employment situation is a little out of the ordinary, but otherwise have a bit of cash to put into a few investments.I've also been working on a spreadsheet the past few months, though I'm always tweaking it.

I don't know how the Service would like a scenario like that.The most common scenario we get with situations like this is that if she can be patient, then she moves out of that house for a year and rents it. 

What I see a lot in your situation is cosigners for each student and one student pays rent with auto pay .

It's your ability to do the following.Market to & or track down & find sellers who are in distressed situations. 

So I have never been in that situation however I would say no.

I would suggest consulting with an attorney to help you through this process. this situation sounds very sticky and you will need someone to help you navigate the process.

I'm sure there is more than one way to do this, just looking for my best option in my current situation.

Just add a little on top of that rental rate :-)   Sounds like a great house hack situation if you purchased at the right price.