What factors should I consider when making this decision?

It may be worth having an experienced professional helping you and you could always try to get the seller to pay your agent’s fees.

Or even just use the FB group where people bring deals for a finders fee, you evaluate and then pay a % to a TC to help close the deal.

You can also expect increasing HOA fees, and there may be some problems renting a property inside a difficult.You don't have any experience, prices are at an all-time high, and rates are also high. 

@Abdul HafeezRates and LTV depend on many factors. 

Collect your fee when the transaction closes.5. 

We then subtract our actual expenses, which include management fees, bank fees, appraisal costs, insurance, commissions, marketing costs, taxes, and legal and accounting fees.

I own a small multifamily commercial in Albuquerque and can confirm the diversity of the economic and cultural factors that you mentioned. 

What you paid for it and invested in its upkeep are not factors for pricing/selling a property. 

Furthermore, whole note investments benefit from an additional 0.5% annualized yield and are entitled to a share of any extension fees charged to the borrower."