Simply because I feel my people and negotiating skills could easily be transformed and work to an extreme advantage in this field of the real estate market!

You're not "saving" anything, you're simply not spending it. 

I am trying to complete the application for Trade Name and on question #4 its asking me, Do I have a personal property account ( " L " number) and if no it's directing me to complete an annual personal property with the State of Maryland Assessments and Taxation Department and I have no property to report at this time.

If you negotiate a good enough deal that pays you then complete the transaction with the investor to buy the house you have under contract.

At the time of purchase the buyer is credited with the deposit and rent premiums, which they lose if they do not complete the purchase or are evicted for violating the lease.Do I have that right?

Secondly, any "extension" to the assignment contract would be irrelevant, since the assignment contract simply assigns the Original Purchase Contract to you.  

I'm currently looking for a place to rent.Most people would say that this is probably the complete opposite of a place to look for a rental, but my wife and I have had a lot of difficulty finding a place to rent.Why am I renting?

If you negotiate a good enough deal that pays you then complete the transaction with the investor to buy the house you have under contract.

I've completed the BP getting started modules, I just purchased the BP flipping houses book and I am going to my very first REIA meeting in 10 days in hopes that I meet some really great people that can help me with my Real Estate career.

The tenant may voluntarily agree to leave in exchange for a cash payment or some other benefit, but you cannot make her leave unless you were completely removing the building from the rental market under the Ellis Act (and I am not as familiar with those rules to know whether it would work here).So, with all of that said, if the deal depends on this tenant vacating the apartment (which, if she is paying $350/month rent, it probably does), then I would only move forward if the seller will agree to deliver the unit vacant at close of escrow, OR, if you can obtain a signed agreement with the tenant to move out for payment (and for that agreement to be upheld, the tenant should probably be represented by a lawyer).