You also need to factor in principle paydown, depreciation, write-offs, etc...Above all, as others mentioned, for a primary, you should concentrate on buying a place that works for your needs.

For single family I'd try to find a few submarkets that have #s that work for you and concentrate on one.  

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.

LOTS of people who travel to legal states want to partake of lax Cannabis Laws.

I've been working in the medical cannabis industry for 3 years, and while its a well-paying salaried position, I recently discovered working in this industry complicates my ability to secure a competitive loan to begin my investing journey.Considering this, I've been contemplating obtaining my real estate license to become an agent.

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.