(I helped/mentored a lot of hosts to know this)Of course, it is market-dependable and depends on the size of your accounts.

People really value a spa type of treatment and depending on where you are, it could make a real difference. 

Both are strategies, it just depends on what you’re looking for now versus what you’re looking for later.

Thanks Real answer "it depends".

I get mine from my banks at 7 to 9 depending on where prime is.

Since they are 1099 independent contractors, payroll taxes are not paid by the brokerage so agents have to pay about 20-30% out of the portion of the commission they get to Uncle Sam for income taxes, depending on their tax bracket and individual tax situation of course.

but, it's not going to be "profitable" for several years, depending on how you define profit.you'll have a down payment, then closing costs - which new investors always seem to be shocked by - then potentially some costs to get a property rent ready, then you'll pay a month's rent to get it listed and rented out, then you'll likely have some repairs after the tenant moves in.  

Just ensure the new loan doesn’t overextend your cash flow.The best move depends on your long-term goals—cash flow vs. equity growth vs. diversification.

@Eric Miller Choosing between one $600k property at 70% LTV and four $300k properties at 95% LTV depends on your goals, risk tolerance, and management capacity.

It really depends.