90% of the population (I made up that number) shouldn’t own their own business, shouldn’t be active investors, and shouldn’t have bottom line responsibility; it’s just not in their DNA.  

This particularly holds true for Comtractors/ Sub Contractors who have notoriously bad business acumen.

A lot of my wholesaler buddies are telling me it's common place to have to spend $50K+ on marketing to sustain the wholesale business right now. 

You will need both of these if you plan on running it yourself, BUT it depends on what type of property you are running. 3a. - Partial Residential - If you plan on renting out bedrooms in your main residence where you live, this is for you.

My dad worked as a contractor for over 30 years and now I am looking to start a family business (he is retired).

Those are the two extremes, obviously most businesses are somewhere in between. 

Zillow says it may go for $289k +/-My current tenants are using it for business and pay $2,250 a month.

Days on market are around 55-65 days on average, depending on the area.

RE exposure will be there, just not this large allocation that BP thinks. yea and they are not stupid either because they know each local RE has more dependencies to supply-demand dynamics rather than interest rate alone.this is why even for hedge fund, they only purchase in certain area in bay area only like in cupertino or sunnyvale where it's good school district and next to Apple.

Depends.