There are people who'll buy only property which is close to where they live. They know the place well enough and will only buy property if they are certain that they'll profit from it. They'll also be able to inspect the property regularly and keep it well maintained. While in theory this is a great strategy, chances are if you buy only property that's close to where you live, you'll miss out on better deals elsewhere. Question: when buying property do you ever take into account how close it is to where you live?