I was thinking the same at first re: vacancy but this is a very desirable area of town and my agent has suggested the 6% figure - I'll bump it up to 8% to be more conservative. 

You want to make sure you are trying to "sale" a home in an area that is still desirable for retail buyers.Best of Luck!

It’s a highly desirable area in mid Peninsula San Francisco, but the highest is 25% larger than A typical house in the neighborhood.

In the realm of wholesaling, is it as important to have an established criteria for desired properties as it is when it comes to trying to find properties to BRRRR, buy and hold, and/or flip?

It's best to underwrite as many deals as possible in your desired markets to get a feel for how properties are operating.

Close to the end center, downtown, midtown, and other desirable areas.

I could find some one to put a dent in the mortgage but it'd still be pretty pricey ( in some cases - depending on area and desirability, one could find a 2 family for around $1MM but they're rare and getting rarer by the day. 

Buy what your BAH can afford, monthly payment-wise.Keep in mind that the VA loan is intended to fulfill servicemembers' desire to attain the American dream of owning a home.

Sure, 4% isn't anything to get excited about, but if the location is desirable enough that you can keep it rented at a near to market rate, then you must also consider the other ways in which you profit from owning rental real estate.

This home was in a less than desirable neighborhood.