Cash flowing condo with a leasehold ending in 28 years. Purchase?

[Sharon Brase]

Hi, I found a condo with a leasehold ending in 28 years. As such, it would not be approved for a conventional loan. 

Asking price is $169,000. 

Mortgage with piti and HOA will be approximately $1300.

It is currently leased for $2225/month. 

Monthly cashflow is approximately $600-700 after all is factored in. 

Would you purchase this property? Would you ask for Seller-Financing? 

Thank you for your response. 
Truly appreciate any advice, 

Sharon