How close is close enough

[Frederic Babeux]

Hello all,

I've been looking around for a Duplex near where I live and came up with a few basic questions. I would like to know how close one should be from the main ''job hubs'' when looking at purchasing a MFR.

For example, here are the 3 main areas where people work/study in this town:

- The hospital

- The agriculture trade school/R&D center (not sure how you guys call that in the US)

- University campus (veterinarian studies campus only)

Is a 10 minute drive reasonable? Otherwise it's about a 30 min walk. For the hospital I'm guessing that would be fine but do you think students would prefer to be closer to schools? (maybe 10 minute walk instead?)

There is about a 30% premium for buildings that are within 10 minutes walk from these. The rents do not seem to have the extra 30% premium however... 

Let me know what you guys think or if you need any additional information!

Thank you!