Based on the numbers it seems that I need to invest around 500 k- one million, otherwise the cash flow will not be that significant.However I am a very cautious person and have no experience in USA real estate , so I will start 30-50 K and will continue to add more properties to the portfolio over 1-2 years.My main aim is to generate a net cash flow around 10% while keeping my capital safe, growing and at lest keeping up with inflation.I need to pick one city and concentrate on it and this is what I am trying to do now.

As of right now I'm concentrating on the Kent county area, mainly Dover but I wouldn't mind eventually setting a foot up north.

The key to this strategy is selecting a market with a high concentration of mulitfamilies so finding a profitable deal will be that much easier.

Some advice will tell you that 100% concentration in one asset class be it real estate or stocks is too risky and to diversify.

I concentrated on flips initially to accumulate cash.

There is also a move away from rural isolated small midwest towns as jobs are increasingly concentrated in larger cities as agriculture becomes more scale-able and mechanized requiring less laborers.

@Gabriel Rodriguez I don't think there is a definite response...well, maybe we could acknowledge the California has the worst landlord tenant laws in the US...aside from the that, there is a good concentration of "landlord friendly" states in the Midwest...

A 2000 well maintained on leased land in my area would likely sell in the range of $80,000-$100,000 so knowing your market is essential.Based on your mothers likely age she should concentrate on condition and not be concerned about depreciation.

I am learning alot as it is essentially a business degree but concentrated in real estate.3.

Concentrate on getting one decent place while you're in school, going to school with little to no student loans, and trying to minimize your housing expenses.