Offering and negotiating on a property in need of reparis

[Mitch Horwart]

Here goes my first BP post!

I just looked at a property today that was purchased in June 2017 at 140k and the owner had some bad tenants that trashed the place. He now wants to get rid of it and is asking 139k. The house needs new carpet and paint throughout. He wants to sell it "as-is", but is willing to negotiate more on price after the inspection. I do not have the capital to fund the repairs if I were to purchase, so would it be better to offer low based on the repairs? Go in close to asking and try to negotiate more after inspection or get him to cover the repairs out of pocket? 

Also I am planning to live in the house for 6-12 months. Any ideas are appreciated! Thanks!