Instead of 1 million properties you now may be working on 5,10,20 million or higher dollar properties and buyers and sellers want specialists and not generalists to help them buy and sell because so much is at stake.You need to look at how much money you can live on today and survive and how many deals you would need a year for cost of living in your area.If you put in your time eventually you could move up into higher positions at companies with better splits or start your own company after so many years and getting qualified as a principal broker.I have been doing this about 17 years in the business.

I'm in the Spartanburg South Carolina area and I feel as if I already know a lot about real estate but feel as if getting that license would help me get more skin and knowledge in the game.

There is more than one way to skin a cat. 

I'd rather have my skin in the game and own some property rather than that.

My suggestion is to always put your own skin in the game.

That way I had some skin in the game but he still made a good chunk when I refinance to pay him back.

You would a agent that specialist in during short sales.

First, people with skin in the game are more likely to make it work.

There is no way I would rent in California during a mortgage moratorium without Tenant putting enough skin in the game.

I only have one property at the moment and the guy we used for taxes last year was the tax guy in my home town...not a real estate specialist.