I have tried direct mail to vacant properties but all of my properties have just been by picking up the phone and calling FSBOsI now have a VA do my opening calls for most of my seller leads but it is good practice to do this yourself to understand the objections and to practice communicating with sellers.

I've twice found great tenants that way and have gotten two leads in my current vacant rentals situation.I'm not going to sugarcoat it, most of the postings on that section of Craig's List are worthless. 

 Today i summoned the powers to knock on 6 doors of some leads I had. 

Im a new to real estate and have a goal to complete one self generated lead by the end of the year!

That really helps the out of pocket.If you would like help with it we also partner with clients to take down rentals.Message me and let me know how much cash you have to deploy and what returns you are wanting to get and I can really lead you down the right path from there.

Is there anything I need to think about besides the usual: termite, lead based paint, asbestos, etcMy plan is not to buy and hold this property but to add value and sell within 1.5 - 2 years.

Long story short keep following up with your leads.  

You know in thinking about it more deeply, if someone gets a random person to do the property management with no pay it definetly would lead to subpar management of the property. 

Your recognition that your own business, real estate investing, requires dedication, training, and hard work leads you to a new world of opportunity with no limits.

Go to "Black's Law" look up "Torts" then ask yourself if you should be leading homeowners to think they have sold their home under your contract.While you're on that site, look up the requirements to form a business contract, do you have the intent and ability  to buy as contracted or is your contract bogus and voidable?