They all had 10% commission and residual too which I thought sounded high but again I'm new to commercial insurance.

HOWEVER, if you are look to generate residual income through operating rental properties MFVs are your friend (especially in Indy).

I’m 26 and want to start investing in real estate to ultimately flip houses and also rent out for residual income.

However that can be fixed by drilling a pattern of holes, inserting adhesive and using screws to temporarily hold the plaster in place until the adhesive dries.

If that investor wants to enter the syndicate they have to sell, incur the tax and then use residual gain for the syndication.But I think what @Ash Patel, is talking about is the end strategy for a syndication that is set up as an LLC or LP.  

Also speaking on DTI for VA loans they look at another metric called residual income.

$80,000 (ARV) - $50,000 (sale price) - $15,000 (repairs) = $15,000 residual. 

It was a whirlwind of a journey, and we were thrilled to see the fruits of our labor with the residual monthly income generated by our rental properties.But as we continued to acquire more and more properties, we found ourselves struggling to keep up with the accounting and office management side of things.

On the other side, wholesalers spend a lot of money advertising to distressed homeowners (cold calling, texting, postcards ppc...) but only a small percentage of the leads coming in are going to fit the wholesale model (less than 10%), instead of throwing the residual 90% away the wholesaler can work out a referral agreement with an agent to recoup some of these lost marketing dollars. 

@Jay Miller Jay send me a DM and I’ll send an excel spreadsheet to you that calculates the hard cost based on local comps.The worksheet runs a residual analysis by deducting everything from the sales price for comparable new homes in your market area.