Properties within driving distance offer several advantages:Hands-on management: You can personally handle issues like maintenance, repairs, and tenant interactions, which is invaluable when you're learning the ins and outs of rental management.Cost efficiency: Without needing to rely on a property manager from the start, you’ll save on fees.Faster response time: Being local means you're close enough to address emergencies or inspect the property as needed.Starting with a nearby property often leads to a smoother learning experience.

Needless to say, I retracted my offer before my expiration period lapsed!  

I get the the post card route is way more efficient from a time perspective (although at twice the cost), but really wondering about response rates.   

Period.

I found this deal through a relative, we negotiated without an agent through a period of x months.

Partner Driven added value by leveraging its strategic market knowledge and efficient transaction process.

When I sold the house 120 days later, I noticed a $14k charge for lender-placed insurance on the closing statement.I reached out to the lender and provided proof of my coverage during the loan period.

Had a renter at full price of rental offering at 2300 within a 7 day period. 12 month lease, no kids, no pets.

And that period kind of soured me on self managing and rentals.

Of the two options, renovation will net you significantly more equity in a short time period.