What is he legally allowed to do in the company if we were able to successfully bring it to reality? 

It's been so successful that several friends have now purchased properties there and all of our properties rent out really well.

Leverage can be a really powerful tool, so learning how and when to use it will go a long way for an investor to be successful in real estate.

Well, IMO it just can't compare to some other fast moving markets like Texas and Florida for example and should be considered as a strict cashflow play.Columbus, Cincinatti and Cleveland move quicker with higher demand and more infrastructure also IMO.With said, Toledo's growth the last few years has been whopping and as @Ahmed Alswaiti mentioned is predicted to grow even further this year.Not a fan of predictions and I always advise looking at the numbers in the deal TODAY and if they make sense.Any appreciation is just the cherry on top IMO.Still buying sub $100,000 properties that easily exceed the 1% rule here.Not sure of many markets that can take claim to the same.Just negotiating on a 6 unit in Point Place (Toledo folks will know the area well) for $160,000.100% occupied.Needs around $50,000 in rehab or so.Optimize rents to $4,500+ per month and ARV should be $350,000 - $400,000.Get 4-5 of those and pina coladas in the Bahamas 😁Find me another market with such deals and I'll be there hehe

The virtually equal sale to list ratio of 0.985, which represents fair negotiations and opportunity for both sides, reflects this balance.

I would negotiate the price first.

How did you find this deal and how did you negotiate it?

How did you find this deal and how did you negotiate it?

I have almost 10 years combined property management and real estate sales experience and have been quite successful.

Being someone who deals with anxiety when it comes to finances, I tend to measure success in investing by the amount of “peace of mind” it creates for me.