Quote from @Wale Lawal: @Clint BradleyYou are thinking about it in the right way and to be honest, a stepping stone single-family or townhome is one of the most common and smart moves when the inventory of multifamily properties is low.

There's a common saying in real estate investing: "You make your money when you buy, not when you sell."

Otherwise, you will be putting 15%-25% down on each acquisition (most commonly 20%).

Ex: Real Estate Rookie e-book, I candownload Rookie Forms from the Book, but I get that error I mentioned whentrying to download the Readiness Checklist and the Templates and Worksheets.This same thing happens on all of my books....about 10 of them.

Based on what you and others have said, there is a common thought that I should keep in mind! 

This has been a common theme lately, especially for 1031 buyers.A lot of investors I talk to are finding MLS deals hard to pencil unless they’re willing to compromise on cash flow or hold long-term.

Deciding between short-term and long-term rentals is a common starting point, and each path comes with different numbers, management effort, and financing considerations.

Do your different employees also clock on time on the common sheet / reps-log?  

Others do not and require the split even if the commission is applied as a closing credit instead of paid out.The key points:Using the commission as a closing credit does not usually change the broker’s entitlementWhether you owe the 25% depends entirely on what your broker agreement allowsIf there’s no written exception for personal or primary residence purchases, the broker is typically within their rights to require the splitReview the specific language in your broker agreement as this is a common issue and the outcome varies by brokerage.

Has that been the common experience amongst investors you've helped?