Midtown and parts of Virginia H are more established. Virginia H is also a family-oriented ( in a way) then the other 2. Little 5 will be the cheapest rent/purchse wise and you hardly find kid there.  Your friend will be better of going by the proximity to the office. Traffic in Atl gets worse every day.

Check this one: http://www.altaparkapartments.com/s/homepage - very nice area.