On the other hand, that extra "dry powder" in hand would come in handy so likely higher reward too.

From my experience clients are very rewarding experiences, as you get a chance to bring someone else's dreams come to life, personally I love to take them through the process of a full renovation, everything from rendering to build, however, if you are not built with the proper infrastructure it is incredibly time consuming and administratively intensive.

These extra fees reward bad behavior IMO.

well rounded individual !! 

Maybe it depends on the individual asset mgr....sometimes they don't have a value and just bid the FJ, and sometimes they bid a reasonable number. 

But like others have said sometimes there are savvy or affluent individuals who are looking to liquidate for one reason or another. 

PUNT; IMO, the risk reward of RE license is negative if the MLS is your sole goal for RE license.

I know this is vague and subject to individual deals but some examples and explanations would be awesome.  

I would say the best advice is to listen to those who have invested TK to share their experiences with individual providers and what they did or did not like about the TK purchase process.

Our corps pay $375/month (with a HSA & high deductible) for each individual per se.