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This is just my preference....
But I only read the first and last paragraph of a cover letter unless it is a candidate that sparks an interest. I would put it in the last paragraph with something about able to relocate at own expense within immediately. A lot of the time being out of town is a problem but most companies will higher out of the area for the right candidate.
I get resumes from people across the US and relocation expectations it always my first question.
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