please help I'm in need of advice!

[Donnell Crowell]

I'm in talks with a seller of a 2/2 duplex in So cal, here are the numbers: SqFt: 1,000 Lot Size: 4,500 Year Built: 1962

186k in estimated value

270k ARV

5-7k REPAIRS

$900/mo rent

265k-ish mortgage balance

OK, now I haven't made an offer on this property yet, the seller even mentioned he would even be open to a seller finance situation. I get the sense that he just wants to retire, and not deal with the headache to maintaining a rental property. which is why HE offered to seller finance. what should be my next move?