Since the returns are fairly similar, at least in the short term, then one idea is to simply alternate.

Elizaveta, I will take a crack at it since no one has responded yet. 1) My first deal was a fairly in depth rehab which included foundation repairs, window replacements, garage roof replacement, electric work, plumbing work, floor refinishing, and a lot of the things we do to almost all our rehabs (new light fixtures, new outlet covers, new appliances, new doors, etc).

This results in maybe 1 to 2 deals the first year even if they are a dud in creating additional business.The first 10 years as an agent goes usually like this.First 3 years is 80% new business and 20% from your existing sphere of influence.Next 3 years is about 50% new business and 50% repeat business.Next 4 years is about 20% new business and 80% repeat business.It's not that you aren't getting new business it's that by now you have a group of people that you know and want to work with on a daily basis and do not want the ONE OFF deals that take a bunch of your time and energy.

My question, is this a fair price to pay?

. :)Sorry for any mistakes in my writing or any left out info, I'm fairly tired...

Make sure you really look at the numbers before you go and spend a bunch of money furnishing these places.

SAFE Act is "Secure and Fair Enforcement for Mortgage Licensing Act of 2008".

You don't necessarily need to be armed with a bunch of privileged information before taking the first step.Give them a call, explain what you're trying to do (being sure to reiterate what's in it for them) and see if they have any interest.

He was a realtor that owned a bunch of apartments in an old mill town not far from where I grew up.

But need a fair amount of work.