Upside down solution?

[Matthew Lloyd]

House located in Tacoma, WA - motivated seller. He's upside down on it. ARV $216k, Repairs $55k, he owes $185k and he's desperate to get out of it, he divorced his wife in this property and it's sat empty for 1.5 years. I offered $140k As-Is before I knew he was upside down. I told him he might have other options (Lease Option, Short Sale?) but i don't specialize in that so I need your guys opinion?? I'm not savvy with situations like this, but I want to help him out.

Do you guys have any advice?? Much appreciated in advance!