Residual income, YES....Passive, no such thing!

I also have a residual income from past employment of about $1000 per month.

I never calculated how much i need to retire- i just figure i'll keep working until my sons has a big enough nest egg since he wants to help the world and animals i'll never actually retire-  plus with my goals i need like 5mm + in residual to be able to settle down on my work. but i guess even then i'll still push to see others keep to where i'm at. so i don't think i'll ever truelly retire- 

I usually try to get rid of vehicles while they still have some residual value and before they start costing me a fortune to repair.

I had insurance residuals coming in so i wasn't worried about my income for 5-6 months.

Tired of the cubicle in Denver and wanted to move back to the NW, closer to extended family.I'd always been interested in freedom and residual (now passive) income.Found a smaller town in WA where the rent/price ratios made sense at the time.Bought a doublewide for $14k and lived in a trailer park ($240/mo)  for  5 years while we saved and built our portfolio.Nothing worthwhile is easy...

You will be on your way to creating time freedom and residual income!!

I honestly would just like to create residual income as well as building up my net worth and I know real estate is the best way.

Furthermore, the goal is for those 20 doors to produce an additional $30K+ in residual income for me. 

@Anthony Holloway I would say Massachusetts if your going for residuals!