My wife and I have a company that invests in the Toledo area, additionally we are still building out our network.

Here are things that would not transfer with a sale:-2.5% interest- prop 13 property tax benefit is saving ~$40/monththese are awesome advantages that are tough to match   In addition you have achieve outstanding return from the appreciation since purchase.On the other hand, you have $300k of equity which places the LTV at ~65%.  

There are also additional costs for travel that people forget to consider.

In order to collect 3% in the scenario you presented, you'd need to amend your original buyer agreement.If your commission is 2.5% and the seller is paying 2%, you can structure the additional .5% into the purchase price. i.e.

How are the additional fees they charge?

I don't think I've ever paid over $200 a year for a million dollar umbrella policy for some additional coverage. 

Preferrably, stay in the same area and continue to learn.Going to another area would bring additional challenges that you may have difficulties meeting.

Network with investment groups and podcasts for additional resources.

Additionally, check with your CPA for any tax implications, even if you don't expect capital gains.

I know several who invested in my fund with a LLC and regret it because they close the LLC because I just costs them more money every year and to transfer it back into their personal name is additional paperwork and costs to transfer.