The only think that might be relevant in my mind is if the field will be generating noise and headaches (dirty streets, rioting fans, etc.) then this can impact your property value and the type of tenants that will agree to live there.On the other hand, if the school's football team is popular, this can be an opportunity to AirBnB the property and have a tailgating setup (there was a company on Shark Tank that did that).So I'm afraid I gave you the typical "it depends" answer but I hope this gave you a perspective of the pros/cons for your situation.

Just my perspective, but hope it helps.

I just get a little nervous thinking of talking to them but I'm working on my mindset shift and keeping in mind it's not asking for money it's presenting an opportunity. 

This will help you to shift a negative person from just making generalized or over reaction type statement to giving you more of a specific opinion so that you can better understand her point of view.

Start buying warranties so you don't have To deal with the headache. add 0.5% to the purchase price, make it part of your sales process. hedges and shifts the risk. you can get 10 year builder policies underwritten and approved. that's how we do it. anything we can do to lower the risk for ourselves is ideal.

Anything from moisture to extreme heat to shifting ground to hurricanes to fires to harsh winters to EVERYTHING could happen when you invest in real estate.  

Be honest and let the perspective tenant know you are working with the city to obtain the proper certifications to accept section 8.

The reason for this is that beyond financial analysis - risk and preference of asset classes can be a personal decision; people sharing their stories and journeys becomes a useful perspective. 

Also, part of the due diligence process if debt is being used will be a formal commercial appraisal, so value from a lenders perspective will be identified. 

I personally like the other townhomes with a Queen better than ours with a King from a look perspective.