@Anna NickensDeciding between investing in mentorship or self-education for real estate investing depends on your goals, budget, and learning style.

Depends on if you have panels, crazy layouts, etc.

I think you can go as high as 15% but it's cutting into your margins and depends if you are a GC yourself or not. 150k is close to a million or more.

I would still do due diligence such as whole property inspection, lead inspection (depending on when the property was built), appraisal, etc. 

@Matt PowersFrom my experience, deciding between short-term rentals (STRs) and long-term rentals (LTRs) depends on the market.

answer is depends..

If so thatd be entirely product dependent.

Depending on how close you are to Philadelphia you can really manage the property yourself as many Jersey neighborhoods are even closer to philly than some philly neighborhoods.

It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.

Starting with your wife and possibly your kids depending on age (for example, they can help clean between tenants, this starts  their education [Check with your accountant because you may be able to pay your kids and take a deduction].- - While you will do the lion share, can you take advantage of your wife's talents and availability?