Could this be a deal?!!

[Alvonta Flemings]

I have a family friend who selling there home, they moved out of state and only want $70,000. The home is in a Blue collar neighborhood and it could sell for $120,000. They currently behind on there mortgage payments $2500 to be exact, that needs to paid next month. They currently have tenants in the home that’s paying $600 monthly and want to continue to live in the home. Rent in the area is around $800-$1,000 market is growing quickly. How would you acquire this property?