Like a rich uncle or friend of the family doctor/lawyer?

Unfortunately, Uncle Sam always wants his cut ;)

@Jeff Rogers - Hi Jeff. 

The mortgage is $1400 and the house is worth $250k.I did tell him if it is okay for him,I could take up the mortgage and he says he would get back to me as he also as a brother and uncles to talk with.The house is close to my work place as well.Please, does anyone has a thought on this?

Yes been thinking a while about what to do after selling property:1. just pay the tax and paying off debt as you said2. 1031 DST with lower return "slightly higher risk" investment3. or QoZ funds where it's the riskiest investment/10 year money out with the investment into developmental phase/cycle location (hence lot of gambling) at the worst of time.It's win-win-win situation for uncle Sam :)

Please do yourself a favor and watch this documentary by philosopher Roger Scrutton https://vimeo.com/549715999.

Ask the owner some questions turns out the well and septic are not on this parcel its next door on her uncles parcel. 

I'm looking into cities of central AR (LR, NLR, Benton/Bryant) Hot Springs area, and NW AR (Fayetteville, Rogers, Bentonville).If you don't mind me asking, what is it you like to offer new investors?

When you sell, Uncle Sam wants his cut.

Quote from @Roger D Jones: A whole lot to be wary of- well, lagoon system and then those POH trailers.