owner is 3 months behind, good or bad deal for new investor?

[Jade Blas]

Just today I met an elderly lady who has a tough situation. 

Her ex husband had left her out of nowhere with all the debt.. 

Ms. Jane is 3 months behind on her mortgage and is about to lose it all. Payment is ($1300)

The mortgage was about 400k, with about 115k left. 

Is this the kind of deal someone new to real estate investing should capitalize on?

I feel that she might be open to an owner financing type deal with maybe some cash up front. 

Please any advice would be greatly appreciated. Big Thanks in advance.

Jade from Guam, USA