If you can get your place so you can access 405 at Ventura blvd and avoid traffic bottleneck...it will make your LA life so much easier.thanks, matt

Probably most options are 40+ min away (without traffic).  

Two things that stand out to me:You mentioned traffic - as a property manager your highest value is not driving to the properties.

Actually, laws have changed, I understand weighing your risks with some element of state law, but I really suggest anyone dealing in notes to understand what brokering includes and I don't mean by investors reading laws for themselves but getting with an attorney or regulator that can tell you if some activity requires a license.These are federal laws, that means big fines and/or jail, it also means big attorney fees in federal court, this ain't no traffic ticket!

Small town in the Midwest as two highways (2 lane medium traffic flow) that intersect at the corner of its town.

Downtown fw is about 15min w/out traffic.  

I still keep my rents $50-$100 below market as well to drive more foot traffic.

You should be closing 1 deal for every 10-20 leads depending on your ability to close and how creative you can get with a deal.It usually takes 3-4 months to optimize the campaign because you need traffic and "motivated seller" traffic isn't cheap right now.  

I was just wasting money by the THOUSANDS $$$$ creating "yellow junk mail".It's like having a website with tons of traffic but going broke because no one is buying.Response rate is one of the most overrated statistics in marketing, it can be an important measurement in the big picture, but response rate doesn't pay the bills.

Having been spending time in New York our friends introduced to the Hipster Phenomena .driving over the Manhattan Bridge there was a giant line of traffic to get into Williamsburg.