Can this lead work?

[Xai Xiong]

So after networking and talking to people I know, I came along this lead where there's still 100k left on the loan but the ARV is only 120k. There is also little to no work needed for repairs, I would say less than 1k. How would you work with this? How and who can you sell this to? He says he can just handover the property for free but he is also a state away. Any advice or inputs will help! Thanks.