I qualify for the financing via the AirDNA revenue forecast (and the other usual factors like credit score etc).

: While number of sales is definitely not the most important factor to consider when looking for an agent, it is usually a great indicator that the agent works well with others.When searching for top-producing agents, consider narrowing your search even further to those who run a team, like the “David Greene Team.”

You should run so pro forma numbers factoring in the differences between the higher taxes, insurance, principle and interest and see if your money would be better spent buying 2-3 cheaper $100,000 rentals versus one $300,000 unit.  

One factor that is important as well is your current salary, since that will be a strong evaluation when the lender does your preapproval, they need to know how much you can afford and if your able to pay the mortgage most importantly.If you plan on buying out of state, you will be getting some cash flow, less appreciation than California.

@Lam LeCapital gains tax rates are 0%, 15% or 20%.You should also factor in state tax rates into your equation, especially considering that you live in California which has high state income tax ratesYou should also factor in if you would be subject to the 3.8% Net Investment Income Tax(NIIT)

For multifamilies it can really depends on a few factors.

Luke, and remember that capital expenditures do not get factored into expenses.  

Another factor are how many of these are institutional buyers who always buy cash and happen to be in one market over another. 

I am looking to become an agent, and I know there are a lot of factors that feed into this decision.

Part of the value you get from the management fee you get the isolation factor between you and the property/tenant.