Any ideas about this potential Seller finance?

[Yousef Reda]

Live in an area where homes are about 400 k. Landlord does not know how to manage this 3 bedroom house. We think he can come down a lot on the price ~200 k because he just wants to get rid of it. Can prob rent it for 1500$/month plus utilities.

What is a good way to approach him on this? He may owe taxes also to government. We are in Manitoba.