I also saw that rochester mn is the most desirable city to live in.

Do I just add the $218 on top or my desired rent?

Your time here will be well spent.Since your desire is to own SFH and MFH, I added the below links for your review.https://www.biggerpockets.com/renewsblog/2015/03/27/financing-options-rental-property-guide/ (financing options for rentals)http://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/ (house rental guide)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex) https://www.biggerpockets.com/renewsblog/2015/11/16/how-to-choose-areas-multifamily-deals/ (Choosing multi-family deals)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

That's the most desireable rental market in Lawrence for students.  

Families typically are not as likely to buy in Tempe as well because ASU is known as a big party place, which it is.The Scottsdale and Paradise Valley areas of Phoenix are considered to be the more affluent and desirable areas near Phoenix and the cost of homes there reflect that.Demographics play a huge part of home values in the Phoenix area as they do in most cities.

I've found a target neighborhood where the numbers (1% rule, 50% rule) seem to work and the tenants are desirable.  

We met our goal & have no desire to go any further at this point.

I have found this desire to want to help people and make TONS of money.

It is my desire to be properly prepared to invest as soon as I am financially able.  

By following a disciplined guideline such as this, you never buy trash properties that run high costs, you never buy excessively costly properties that the average american cant afford to buy from you if you chose to liquidate, and you maintain a profit margin of your desired end point.Obviously as well, you can tell that you are more limited in the types of properties that you can buy, and where you can buy for obvious regions, but in higher populated regions, rents are always more expensive simply because of supply and demand.