How to allocate my cash to get started

[Matthew Harding]

Hi all - looking to get started with long term rentals.  I am thinking of starting with 1 single family home. I have about $150k cash to get started.  Not sure if I should purchase a lower value home, finance a nicer home (given interest rates), or something else?   What have others in a similar situation done to get started and so you have any tips or lessons learned?  Thanks!