How would you guys structure this deal ???

[Darren Crawford]

I have a motivated seller out of Memphis ,TN that I am working with she is a burned out landlord who just lost her mother and is to busy to manage her rental properties and just needs a break. The numbers are tight on this deal but I am hoping I can help her... the deal goes as follow :

Rental Property #1 Saint Charles Memphis TN 38127 ( 3 bedroom /1 bath )

Currently has a mortgage that she still owes $30,000 Current market value of the home is $33,000 property needs minor repairs new carpet and toilet other than that property is in great shape 

Mortgage Payments are at $395 per month ,the property is currently being rented out at $695 per month she is currently collecting rent her self ,so no property management is in place  tenants have been in place for 2 year now and are great tenants property annual tax is $405. 

Rental Property #2 Steal Street Memphis TN 38127 ( 3 bedroom /1 bath )

Currently owes between $36k - $38k on Mortgage monthly mortgage payments are 1st mortgage payments are $365 2nd Mortgage payments are $120 total of $485 per month

Currently being rented out at $695 for the past 2 years property needs no repairs annual taxes $500  Current Market Value $36k !!!

( She is willing to do seller financing or just sell the property for she owes) 

How would you structure this deal ???