Definitely not ideal or something I'd recommend to someone. 

Ideally you find something within a 30 minute drive.

For me once I've identified the target market/ideal guest, my rule of thumb is if enhances their stay/they'd pay extra for it splurge.

I’m ideally looking to buy that first property in San Diego.ThanksSounds like you're well positioned.

Sump pump is ideal as well!!

Hi Max, a good rule of thumb is to start with your target market/ideal guest.

It’s ideal to have them view the property after the inspection, so they can consider any issues discovered during the inspection in their bid.

I'd say the ideal amount saved would depend mostly on what markets you're looking to invest in. 

Given the scope of your work, a simple plumbing leak would not concern me, it's a $200 issue at the most and ideally, it's just another line item when you do rough in plumbing for the kitchen.Being in a Milwaukee suburb, I am guessing it's a 1960s ranch, probably with galvanized plumbing.

However, I would encourage you to Network work local real estate clubs in the PA/NJ area to help identify your target market and ideal investment for your first property.