Unfortunately, it was wasting away as his family was going through health issues and they let it go to foreclosure.

Unfortunately, I doubt you'll find anyone that will finance 95% of a non owner occupied house.

Unfortunately since it is an REO, there is no direct line of communication established already and he is supposedly living outside the US. 

Just being honest: COVID-19 circumstances (potential tenants being laid off) and having a previous tenant wanting to stay on complicates things.

Great question, but unfortunately not.

Unfortunately a landlord doesn’t get to just terminate a lease because they (or their agent) did a poor job screening the tenant.Not paying the rent is definitely grounds to evict.

If you lay out your circumstances, we may be able to offer more options.

I work in the food industry and was unfortunately laid off due to COVID-19.

It's a rare circumstance where I prefer to I prefer to inherit a tenant with the property, almost always prefer vacant. 

But, I believe urban areas, like Minneapolis/Saint Paul where I am, will see a large temporary loss of STR inventory, and most of that loss will be from the bottom of the barrel, because they aren't profitable enough to justify the risk, but the highest performing STRs will of course stick around, because they're doubling or tripling income from LTR.I also own a duplex in Rochester, MN a few blocks from Mayo Clinic, that I'll be putting half of onto airbnb when it's done (I wish it was ready so I could help some healthcare folks out).I think it's like most industries though, the most robust and efficient businesses will withstand this crisis, while the weaker, unfortunately, might not.Just to predict, I think across the airbnb platform we'll see a temporary (maybe up to a year after the crisis comes to an end) drop of inventory around 10-15%, but I think bookings will drop by less than that amount (after the quarantines stop).