But I did have one who upon moving in to a very clean apartment still had to complain about: a) dust on the ceiling fan blades b) a small amount of residue in one room from the painter that would have taken about 30 seconds to sweep up.

If it isn't you could extend the term in order to reduce overhead and increase residual income.Good cash flow is situational.

I would say that a good syndicated deal with a good pm, is much more passive with residual income.

So a $300K multiplex in Indiana might generate great cash flow, but eventually building will decay and be worthless and residual value is just the land, which might only be worth $25K.

I'm seeing 50-60% appreciation over the last 4-5 years of holding plus significant pay down of mortgage plus some residual cash flow. 

It is a high volume play to get residual income...

The plan is to create enough residual income (rentals both single and multi-family) to replace half of my income and give longer-term retirement money with the other half coming from flipping houses (a few a year).  

However, as a developer, doing a residual analysis is a much more pertinent measure of value.A residual analysis involves establishing the value of the highest and best use of the land and deducting all project cost together with a target development profit and commissions and closing costs from the total value,The “residual” number represents the amount that can be assigned to land value under the project planned to be built on it.Let me know if you are interested in using this method and I’ll send you a short pro forma that runs this analysis.

Housing just got a residual effect as it’s where people try to store wealth in times good or bad.

So the listing are rental markets only(low budget residual income properties) then - to anyone wondering - don't go there trying to do a fix and flip for profit. :-)Kudos,Mary