Given the situation it sounds like an attorney would be a good idea anyway since its her husband that is left there. 

Those numbers sound pretty accurate on a multi family you maybe able to get something in the high 5's to low 6's at best but that depends on a few variables of course 

Sounds easy enough right?

Sounds like a really nice project.

@Travis Hewlett thanks for the sound advice! 

IF you are having them do all payroll and taxes for payroll then 280 does sound okay. 

That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors or brokers in Layton and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersBest of luck to you and look forward to following your success on BP!

That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors or brokers in Jacksonville and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersBest of luck to you and look forward to following your success on BP!

@Mark McNaughton yea a $100 flat fee for a 3plex sounds like a situation where you would be unhappy with the results.

That rate of 7.7% you mentioned it doesn’t exist on conventional market, that sounds like subprime non agency, an fha rate should be around 4.5% and conventional 5%