For example; if you want to generate residual income, starting a fix and flip business is most likely not going to be the best real estate vehicle to achieve your goals.

If you need to invest out of state, the less riskier approach is to find ready for rent (or already rented) properties so you don't have to worry about managing a project from a distance and can jump right into earning residual income.

One seems to be infrequent where is the other smokes in the unit so much that the residue is clearly visible on the walls and ceilings.  

I have an opportunity to purchase 47 acres of land in a small, rural town in TN, and want to use it to create passive, residual income.

Then the subcontractors I hire just have to pickup the misc. materials & consumable items as they need them (e.g. caulking, adhesives, screws, nails, drop cloths, trays, brushes, taping mud, etc.)

It’s fantastic for cash flow and residual income. reach out anytime, would love to help you :) Elizabeth Leigh 

I have become more and more interested in investing and would like to continue insurance as it is a good source of residual income however it means I am not eligible for a traditional loan for some time.I know that many people quit their jobs in order to focus on RE and part of me considers doing that as well but still unsure on how to go about doing that with producing an income stream first or keeping a W2 job.If anyone has any suggestions on this it would be greatly appreciated.

On this first property I just did non-toxic paint, called ecos throughout, tried to pick low-voc adhesives etc. refinished existing floors, used some materials that my dad had left over from commercial projects, and went to a place called Community Warehouse downtown, which has a lot of excess building materials that have been donated.

I’ve had a local central pa medical device business which originally limited my mobility that now produces modest residual income, my wife works remotely and we have enough passive income to support our lifestyle/expenses should we maintain the same expenses.

My investment strategy is about residual income, so rent over appreciation everyday.