14', 59 Sears Elgin runabout. Information from the previous owner indicates that the stain used is Interlux 42 brown mahogany. I have no experience with stain on boats or anything else for that matter. In reading the net and watching YouTube videos my brain is rattled and I'm apprehensive to try using it as I don't want to screw it up. I would appreciate some direction and advice from those who have used it.
Some parts that I'm confused about are, Thin till it's the consistency of house paint, some say thin by 1/2 with turpentine, some say thin with only the Interlux product......Brush on with the grain and after 20 minutes rub off with terry cloth against the grain....Some say use burlap to rub off. Some say multiple thin coats, others one coat and let it set a long time.

Thank you for your time and advice.