Move somewhere ugly and boring that has stable real estate.

The reason I wouldn’t put down 20% now is because I don’t have the cash, but will make it soon from my day job, which is stable.  

Yes, this is generally very stable and predictable, which is what some people may want.

In a typical Master Lease, I imagine the property is a bit more stable, so can justify a smaller discount off of the going rate.

I have an high stable Salary/Bonus income stream and $50k earmarked to start developing a portfolio of income producing Build-for-Rent properties.

ARV/Comps upwards of $325k.This should be flying off the shelf!

I am currently 23 with a stable job but looking to substitute my job for real estate in the future when the finances of the company are more than stable.

Ann Arbor, in particular, has one of the most stable real estate markets in the state (probably the most stable).

(So dig a little deeper in area searches) Irvington for buy and hold properties (this area has been unique as well as stable for some time with buy and holds), other areas for fix and flip would be Haughville (truly seeing some changes in the market recently and level of finish to homes), Brightwood, Bates-Hendricks and most recently near Riverside bound by 16th St to the North, 10th St on the South- Indiana Ave & River/Fall Creek East & West.

These are 10-50% cheaper than anything else off the shelf.5.