Letter of intent - Lease Option Ideas ? Anyone ?

[Mohegan]

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Our neighbor has just went through a divorce and is struggling with her bills and taxes in the rears.. She has moved out personally and now has two tenants renting form her in this duplex.. She said she's gonna see if she can try to make it for a few months.. We share a dumpster and she can afford even her share.. Im looking for creative ideas to approach her with to obtain her property.. appraisal value 206,000.00 / assesment valued 144,100.00. Looks like origionally paid 110,000.00 . What ideas can be used to get this property out from under her.. Lease Option ? Straight sale? I dont actually know this would be my 1st property.. and i know there is other ways with notes and stuff. i.e. Carelton sheets.. any suggestions greatly appreciated.. What should i give for a duplex appraised at 206K ?