Despite the fact that the chlorine odor lingers for a while after you use it, bleach loses strength so quickly it doesn’t have a residual effect.

In addition, I want to be able to help people I know locally, setting money aside for that proverbial 'money pit'.But to do that, I think I should start investing to build that residual income & savings instead of blowing it all on a home.  

I also collect $600 a month in residual income from Aflac but only for the next 2 years so i can't claim it with a large bank.

I also collect $600 a month in residual income from Aflac but only for the next 2 years so i can't claim it with a large bank.

Hypothetically speaking of course, if someone has $500,000 in liquid funds, could it be invested to make $200,000 residually?

This is where maximum leverage, equity, and residuals are built in.

The 2004 building alone gives my Partners and I around $3k PER MONTH.The ER Doc realized that NOT Investing:1) put his retirement in a risky situation because of his high lifestyle2) He now doesn't have enough money to buy one of the Investment Properties which are really only in a B or B+ neighborhood here in Brooklyn.3) His Net Worth was WAY under mine.4) He has no residual cash flow to become financially free when he retires at his current life style.

@Vince Lucas so how have you structured your compensation; just the commissions on the buy and then subsequent sale, the management residual, a flat fee for sourcing and supervising the rehab (hold or flip), a % of the rehab costs?

Additionally, a large family will require you to have a large residual income which lowers your income in the DTI calculation.

The land owned by somebody else was not sold at tax sale only the former improvement.I saw a property sold at tax sale that was at the bottom of a man made lake.I saw a property sold multiple times at tax sale that was a bombing range for the Army.I saw a country house sell at tax sale that was a gas station site in the 1930s and still had leaking under ground tanks on the property, and there was an existing lawsuit by a neighbor claiming health damage and birth defects from gasoline tainted wells.I saw a property sell at tax sale that was five acres with road frontage except the road frontage was a fifty foot cliff.I saw a property sell at tax sale that was 2 ft wide, residual from a highway expansion project that took the rest of the property.Properties have sold at tax sale that were no existent due to mapping error, title errors, surveying errors, or some other issue.