If I were you, I'd look at my buying options first. Have you spoken to a loan officer yet to find out what your options are? There are many programs out there that may benefit you. If you want to talk to a loan officer, a good one to know is Scott Drescher with Prime Lending, http://www.drescherteam.com/default.asp/PrimeLending/
Buying a home definately has its advantages over renting. After one year of renting at $900, you'll throw away $10,800 that could've gone towards an investment in a home. Also, there are many tax benefits to owning a home.
I'd be happy to set up a search for you that will notify you when properties that may be of interest to you become available on the market. Or, visit my site http://www.JenniferLewisHomes.com
and click on the property search link and set up your own search.
Please let me know if I can help.
Realtor, Broker-Owner, GRI
Jennifer Lewis Homes