Longer term goals include:Building wealthMonetizing what I hope will be a passionGain some residual incomeBuild a business of my own Ultimately provide financial independencePersonal fulfillmentLooking forward to expanding my knowledge and dipping my toes in the water with the hopes of someday being fully immersed.

I much prefer to look at all income as residual for fearing of giving people the impression that there's such a thing as free lunch in this world.

Since the insurance business is a great a residual income source my goal is to be able to set the right systems and people in place so I can step away from the insurance business by 2026 and focus 100% on real estate investing.  

My goal is to hopefully get residual income.

The IRS describes 6 different methodologies: detailed engineering from actual cost records, detailed engineering using cost estimation, survey or letter, residual estimation, sampling or modeling and rule of thumb.

But on the other hand, a rising tide raises all boats so I'm sure there will be a residual effect on areas like Oaklyn /Bellmawr/Collingswood.

I would also want to be VERY certain there wasn't any white, powdery, residue on a stack of cash, and that the bills are real!

To me, investing is buying a property and getting residual & possibly perpetual income from it.

My goal as a real estate investor is to purchase at least one property per year and earn $8,500/month of passive residual net income through rental properties from SF and multi-unit housing.

I am sort of new yet so don't take my word for this do the research, but are you looking to have residual income or are you willing to make a profit in a year or two?