We are looking to create residual income through rental properties and possibly mobile home parks and RV parks, but would also really enjoy flipping and rehabbing houses.

These companies all want to get people on residuals.

I'm just the messenger.Read this white paper on how to structure a lease / option followed with an installment sale with 4 or fewer installments for the residual value of the MH.http://mobileagency.com/docs/Lease_Option_Article_...This website was setup to help MHP operators learn the legal issues with rent to own vs financing.http://leaseoptionmhsales.com/welcome/The short story is:  Dodd frank compliant transfering title works with asset that depreciate very quickly.  

Again, there are differences by company but in general, term policies pay significantly more up front (a 20 year term can pay anywhere from 80-140% of the first year premium to the agent with zero commission after the first year) while a whole life policy generally pays less up front (50-90% of first year premium) but usually includes residuals of 1-2% of any premiums paid for as long as the policy stays in force.This is already a long post so I'll stop here but feel free to PM me with any other questions.

Helpful, but a bit odd.Anyway, I'm just getting started with RE investing and want to begin by learning to flip homes and eventually begin to acquire rental properties to generate residual income. 

My concern is more around if there will be any residual repercussions to me.

Boiler system is adding  baseboard radiators with pex line would be my first guess  More than likely it had enough residual heat from above to keep it above freezing and so pipes wouldn't freeze before.

Make a good and safe residual income (by safe i mean recession proof, and always being able to pay of my Monthly Payment)2.

I am out priced here in San Diego and I refuse to put down a 100k down payment on a house until it comes residually from all my rentals.I currently have 60k to put down on a house with an extra 13k for cushion; or if needed to buy down points or do a small Reno. 45k from my 401k, 15k from my grandpa, and 13k personal savings.

Remove toilet, be ready for any residual liquids to come out.