See if there is nasty yellow residue on the towel, which is from tobacco. 

Assuming everything plays out as above, we expect to have some residual capital for our move.

You may face some resistance with the residual sentiment left over by the previous owner that their family member lost their home due to the big bad bank.

My goal is to build a portfolio of rentals that will eventually build residual income for retirement.

I think what should be important is how well you manage your assets and if you spread you wealth out too much you may have a hard time effectively managing them all.That being said imo as many passive/residual streams as you can have, the better off you will be.

Did she claim, you claim or the "property" estate claim the residual income?

My definition of being financially independent is to have more residual income than you have expenses.

But in the end, creating residual income that will continually grow over time.

Residual income is a must in this industry and this possibly fits the ticket.  

Can I have residual income or am I dreaming?