I can utilize dependent care savings account under my employer, and also contribute the residual PM earnings to a SEP IRA or solo 401K for my spouse.

In other words, don't worry about if it's too late to acquire 1000 units and go buy a yacht with the residual income.

If you are not able to find market data then you could value as indicated above which is known as the residual method. 

So like I said I will continue doing what works for us And building my portfolio. (19 properties as of to date with residual income in 3 years).

Some of the liner material on the market has an adhesive in it that breaks down and begins to smell like cat urine. 

My name is Alex, my wife & I are rookie investors and have just recently dove head first into education on RE investing.We bought our own first home last year, she runs her own business and I'm looking for my way out of the rat race & to be financially free to spend more time with our now 1 year old daughter, and jump into my wife's business full time (if she hires me of course).I've been researching all the types of REI and think I have it nailed down to buy & holds for residual income & wholesaling for quicker cash for what I want to specialize in.

I am a pastor and adjunct professor who desires to create residual passive income from real estate investing. 

To me, every housing market has deals to wholesale for one aspect of REI or another(for those seeking residual income, to flip, to lease/option). 

Cash-Flow is the residual you keep after paying the bills monthly.

Repairs Needed:Flooring - Vinyl Wood 1200 sq ft$1,200Floor Underlayment$260Floor - Tile 350 sq ft$580Flooring Adhesive$200Floor Trim$435Paint All Walls$450Bath/Shower Remodel (2)$1,400Oven$800Dishwasher$530Microwave$150Washer/Dryer$600Refrigerator$1,300Crown Molding$350Concrete Driveway$2,500Surprises$2,000Expected Repairs$12,755Closing CostsBroker Commision$1,000Broker Admin Fee$250Title and Transfer Fees$500Misc Expenses$250Total Buying Costs$2,00075% ARV$107,946Minus Expenses$14,755MAX OFFER$93,191First off, did I do these number right?