The sellers interest is the interest and transactional convenience, when a lender is involved there are costs associated that can often be rolled back into the loan provided the loan to value (LTV) based off the appraisal is sufficient. - Higher rates.

Also specify it's "a convenient 10 minute drive". 

This typically voids the coverage and the claim is then "conveniently" denied.Check out what the nonprofit, Consumers Reports has to say about them:https://www.consumerreports.org/buying-a-home/what-to-know-a...

This should be done without expecting an increase in rent because the aim is to provide tenants with more convenience and it should not come at the cost of rent increase.

Let's explore the influential role Millennials play in the housing market and how their preferences are shaping the future of housing.Preference for Urban Living: Unlike previous generations that favored suburban or rural lifestyles, many Millennials are drawn to urban areas with vibrant cultural scenes, diverse dining options, and convenient access to amenities.

My question is whether it’s a bad idea to put 20% down and continue renting my own place because of the convenience factors including being able to walk to work (and I work long/late hours).

They're convenient 

Purchase price: $1,900,000 Cash invested: $2,450,000 The building, “36 South,” is conveniently located next to the Sea Pines Circle and is now home to 48 employees for the Sea Pines Resort.

Feel free to reach out to me at your convenience.

They can ACH it, walk in to a branch with cash or a personal check, etc.I know a lot of people find these third party vendors convenient, but to me it just puts another link in the chain between the tenant's payment and my revenue.