It sounds like you are a good guy and trying to help them out as I'm sure I would be too, but I would want to cover my business expenses first and then refund them the residual if there was some.  

The residual goes to the property owner.That is why people claiming, "The bank just wants my property!"

Smells are hard to get rid of and it is impossible to rent or sell a house that has residual smells.

The third is a lot harder, unless you have Nostradamus on staff.This is why I don't like debt deals that are entirely reliant on the residual interest.  

Experience includes; former RE licence, former contractor license, owned a Corp that built pool screen enclosures/sunrooms/decks/patios, flipped houses, rented houses, otp contract generation, residual land only purchases, built residence from the ground up, bought and sold land, condos and villa in costa rica.  

@Minka Sha @Sergey TkachevThanks for your responses.I am interested in doing deals that create instant income through flips as well as building a rental portfolio that creates residual income.

If it is not specifically mentioned in the will then the will should have a residuary clause that it would pass under (such as "all the rest residue and remainder of my estate to my nephew X") If the residuary is not in the will then the heirs at law would take it.

Then keeping the better acquisitions for 'residual' income, and (eventually) holding the notes!

There is also residual income that you can earn at 10% based on those you recruit to Exit.  

The buyer probably brought kids to our house and they left pop corn residuals on the floor, stairs and master bathroom.We were so shocked, so we filed oral complaints right away.