My question is how can someone be so far off on value and continue to keep their job? 

If you can't figure out how to escape that entry-level job and get into something that pays better, then I would argue you probably don't have the skills necessary to invest in real estate and manage it well.Focus on finding a job you can be proud of and that pays well.

Now let's be real, yes housing values are up overall in the city, but they do vary by Neighborhood.

The federal backing of this project means stability – investors can be confident the facility will be fully utilized and maintained for decades, anchoring property values in the area.5.

When you look at cash flow modeling, borrowing much more than that causes it to be tough to get a positive cash flow.

Quote from @Donyea Jenkins: State and market specific to be honest, some areas have a lot more REOs than others.

Some landlords offer a discount for early payment as an incentive, but I'm not sure that would be appropriate in this case.

With you being qualified for an FHA loan on your next home that you're purchasing, will you be using the rental income from your departing residence to offset the mortgage payment on that property?

My max purchase price will be $400,000, my FICO score is around 720 and Experian VantageScore is around 760.

I tend to be a bit more flexible on credit score (minimum is 600), but it's dependent on the property/area.