Residential Agent or Commercial Agent in CA?

[Jason Knight]

I'm one of those active investors who found that they loved real estate so much that I'll be changing careers full-time to real estate. I'll be receiving my salesperson license in February and am currently planning out my niche and business plan. The niche that seems most exciting to me is the one that my OOS agent occupies. He works primarily with investors (most are OOS) with SFH helping them to build their portfolios based on their goals. He generally sends out several deals per day via different channels based on the investor history of purchases.

This niche seems more challenging in CA. Price point is high and cashflow is lower in my market (LA). LA has investor agents, but the brokerages seem more structured as commercial (50% splits, etc.), making it seems that I would actually earn more net commission focusing on traditional residential sales where the price point is equivalent to commercial for those getting started. It seems like the way to occupy this niche in CA would be the way David Greene is doing it: traditional sales + consulting for OOS investors.

Brokers and agents: Anything I'm missing? Thanks!