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

My guess, is that at this stage of the cycle and with the positive growth that Atlanta is seeing, these properties are in D class areas.

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.

The moral of the story is take a good look at which stage your current market is in, look for properties that can add value too, properties that can cashflow as rentals if they don't sell, and if possible buy properties with multiple incomes ie; multi-family, suites, garages that can rent, storage, etc., to minimize risk.

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

@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%

Then open up with conversation starting with the main item - price.If offering something other than list - Does $$$ sound good?