Should I pursue this when it goes off MLS?

[Christina R.]

A friend is getting a divorce, currently lives in her parents' home (they are out of state) and is paying them rent (don't know how much that is). Home is on MLS in hopes that it will sell to "get the money out of it". Mortgage balance is approximately $68K, homes renovated of the same exact model have sold for approximately $320k in the past several months. Nice SFH in an established neighborhood.

I want to talk with her parents about a possible deal - my goal would be to assign it to an end investor for 3-5K.

What questions should I ask, information should I glean from her about possibly turning this into a deal after it goes off MLS? She really doesn't think it will sell because the asking price is too high and it's already been on for about 30 days without any bites. I have not seen the property and have no intention of doing so while it's listed. I also have not said anything to my friend about considering any of this, just listening to her. But now I want to start ask discreetly about specific points I would need to know as related topics come up in casual conversation.

What should I ask? Would seller financing be an option here with the lower mortgage balance? It sounds like the parents want cash. I'm trying to expand my outlook when looking at real estate but I can only see this through the less of buy and fix/then flip or buy then fix/hold for rental. . . .

what are the possibilities here?

Would it be wise to option it after the listing expires (and how soon after?)

Thanks in advance for all input.