I would run your numbers conservatively (not more than $950) and see if the deal still makes sense to you.

Her conservator was handling the sale in her behalf.  

If you can get the asking price down to where you would have some positive cash flow with what it is currently being rented for (or conservative estimates of rent in the area) then it might be worth it. 

Kevin,You may want to look into a conservation easement, which may provide tax benefits to the owners.https://glcp.georgia.gov/conservation-easementsI grew up on Long Island (Lynbrook) and have lived in Atlanta since 1980.Good luck with your property. 

Use the purchase price you are buying the property as the assessed value and apply it to the millage rates.If you want to be conservative you can add an additionally 3%.

I've seen deals cash flow higher than this, but these are conservative averages.  

Conservative estimates put this home's value at $100,000 very easily.

The point is to ALWAYS be conservative.

ALSO, for the RE deals that have "will generate", these are under construction and not move-in ready, but the rent amounts are conservative and realistic for the area. 

I've only been testing the Orlando market for about 2 weeks (we do this in other markets as well, turning about 20 to 30 properties per month), and have contracted four properties and closed 1 already. 2 of the deals are "bangers" with, conservatively, $60k and $90k profit each, although, my cost of money is high (but very easy) so I'll see about half of that on each deal.