Rental proximity to schools and other landmarks

[Rob Brautigam]

I am currently looking at a multifamily unit within a 1/4 mile of an elementary school. I'm wondering if the proximity to schools would tend to have a positive/negative effect on sale/rent prices.

While we are on the subject, are there any other structures (e.g., cemetery, open space/forest, police station, Walmart vs. Whole Foods, etc.) that would have definite pluses/minuses in the perceived value of real estate? I feel like this would be a question aimed at more experienced investors who have bought/sold several properties.

[Rolanda Eldridge]

Properties conveniently located to school/shopping/church rent quickly in my area..