I've seen several SMs buy houses at each location they've been stationed in and rent them out once they move.

One may be re-habbed or closer to a bus stop or train station. 

One of our tenants in our 8-plex was convinced that a power transfer station about 5 blocks away was sending electrical surges that were making his light bulbs burn out.

Some TV and radio stations stream their local news over the web.

In the middle of buying out partner (50:50 partnership) in a mixed-use owner operated Gas station and real estate property.

Btw the police station is two blocks away, so that means nothing for future reference.

As others have said, there’s plenty of way to make up this marginal cost that saves your guests the embarrassment of asking upstairs to toss down a half used roll or make an unexpected run the gas station with a dirty bum

Could be different outside of little Bryan / College Station 

Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes 23007 55th Ave W, Mountlake Terrace – 7 townhouses in a walking distance from thelight rail station, in planning stages with the city of Mountlake Terrace, WA

You do any of your RE work or investing in the Normal Station area by U of M?