I would think (within reason) you're fairly safe if it's at least in the 2000's or newer.

Needless to say, I'd rather pay my fair share and abide by the rules.

Just initially as everything is renovated and fairly new.

I'm fairly open as to the style of REI I pursue.

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).

If you are doing REI with your spouse you better make damn well sure they are 100% committed or it will likely end in tears.From experience being married and maintaining separate bank accounts and splitting costs is a recipe for a divorce either inside or outside of REI.

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...

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