Also, if this owner files bankruptcy that can change everything. 

And that is split with your brokerage, and what you get is taxed as self employment income, which remember has a higher tax rate than a w2 income.Other costs with your license are mls dues, sentrilock/suprakey dues, Realtor association dues, e&o insurance, continuing education classes, possibly desk fees from broker.

This is due to vacancies created by bad carpet and the need to have the unit unoccupied to make a carpet change.

Therefore, I understand the deal is pretty skinny, but is it worth taking less profit for the education?

They eat up TONS of CPU and memory (64-bit Windows with 4GB RAM) and often cause the browser to lock up (Google Chrome - BP doesn't work right in IE11 anymore)....although, it's been educational using Windows Task Manager and watching how long it takes all the stub processes to run down after you close Chrome...

We just don't know, nobody does, but we're jumping in.As far as Phoenix, I know it's crazy competitive, so you might defer to the other poster and change up strategy.

Spend time in the education section as you get started.

Given the shift in education's environment (especially in my state) I recognize now the importance of multiple streams of revenue and financial independence.

This is the kind of business where you pay for your education through mistakes and over coming obstacles.  

Its brilliant at changing your perspective from looking at bottom line dollar amounts to looking at the trade offs in terms of rates of return.