School is done, stores and restaurants will open back up, people will start to travel, sun will kill off the virus and reduce the number of infections, and people will be tired of all the nonsense. 

I agree with @Eric Johnson you will need to wait until liquidity is restored and some confidence regained, it is my belief the compression stays for a while possible through to the end of the year.

Please know that your information and validation of what I was thinking are huge for both my knowledge and confidence.

When that tenants leaves, the Landlord finds a new tenant and feces hits the rotating oscillator because they are over-confident and ill-prepared.

If they aren't confident that they can sell your house in <1 year then there is a conversation to be had on price and marketing plan as well.

Unqualified parties who see that it is rigorous and thorough are turned off, and the confident ones are happy to pay the $35-40 fee knowing that it will be credited back to them. 

While I feel pretty confident in the heat of the moment, I still feel a touch of doubt within myself.

Safe travels ~

The owner is looking to retire and just get rid of the property so he and his wife can enjoy travel and enjoy their retirement.Ask price: 90k (trying to get him to 60-70k)Current market value on Property Shark: 87k (similar homes fully renovated in area have sold for 200k)Current tenants paying 650 and another is paying 730/monthProperty tax 2019: ~2kI am think about using an FHA loan to purchase the property, what pros and cons for the seller if I do?

My initial price range for this purchase is between $120k to $150k, the market is very competitive in Omaha for this price range but I am confident I will find a deal with persistence.