Nevermind for means of profit or residuals, but for ones self.Am I missing something lol?

Create more of an online platform/ website, etcIncrease the number of property management accounts that we manage in addition to our own portfolioRefinance 2 properties that we ownImplement more systemsHave enough residual work to bring my partner on full timePurchase a mixed unit property where we have office space, garages, and rental income.

You still get a 1st lien position but you are not buying the whole loan so you have a smaller investment, it also means that the loan reverts back to the seller when your last payment is made, they basically have a 2nd lien position until you are paid in full and a strong interest to make sure you are paid back in full so that they get their residual payments.

He is charging 6 % of gross rent for managing the property.Upon reviewing the current P & L statement, I saw a fee call "residual fee", I have never heard that term before. 

Draining the lines & blowing them out was tedious & with some of the indoor laterals & high end Kohler brass shower diverters I was skeptical that any residual water would not cause problems.The ongoing Pex issue I now have is at a 6plex.

What I do is mid December I try to do my best to estimate my total year taxes, and then adjust the last quarterly payment to be a more accurate number... sometimes I get close, if I do not have time, I pay the suggested amount and deal with the residual in April.

.** Option 1-- Property could be bought with mineral rights ( property sits atop natural gas reserve...not yet developed...residual income once NYS approves ..Marcellus Shale Country...

I’m a musician and fashion designer- I want the residual income to focus on my crafts.

Probably they tried "covering up" the smoke residue instead of removing it.

Next is to start a business in the US with some of their "residual" cash.