A single km in a typical German city can be a considerable difference depending on the transport routes.Cities are very dense, and many people rely on public transport.  

We have tight fuel supplies, meaning everything that is transported by anything is costing more.

The property is located near major transportation corridors, in the shopping, restaurant, and entertainment areas; so, close to what guests and residents want without STR zoning issues and complaints. 

This community is a good one and is very close to highway and public transportation.

Last week I got an email from a wholesaler in FL where I invest with a 3/2 under contract for 35K, needed a new roof and some drywall(from the roof leak), new vanities in baths, and an enclosed carport that needed some straightening out(or demo) so probably 12-15K or so for about $800/mo with no A/C unless I put in window units or was to add one(not happening) comps were about 60K-65K.

You will want to have regular transportation to a medical center.

At some point they enclose the porch, and then they finished the space.You wouldn't ever suspect that it used to be an exterior space, but once you realize that it was, the slope makes perfect sense.

I deal with lloyds in transportation,cargo, and marine risks

It was close to Bart/ public transportation and the average room rents go for $800 for a room with a shared bath and $1200 for a private bathroom.

Or enclosing a garage to gain square footage.....when no other properties have enclosed garages.