Quote from @Kristin Vegas: You need to really read and understand your management agreement.A good PM will send you copies of every invoice, no matter how small.

What I read was you pay taxes on it not cap gains.  

But if you want to see the whole case fleshed out for why wholesaling is wrong, you can read this article from a while back: https://www.biggerpockets.com/blog/i-will-never-trust-real-e... 

Thank you in advance for reading!

Quote from @Sidney Johnson: Hello all,Just writing to ask if anyone can recommend a book or books that outline the Live-in flip strategy.Thanks,Sidney Following I've read a few threads of people starting with live ins.

Raising money is all about marketing and sales (not real estate specific) so either hire marketing agency and read sales books, or hop on some LinkedIn courses on marketing and sales.Not sure the legal structure to use: talk to accountants and attorneys.Need deal flow: talk to brokers and go to a lot of networking events.Lending terms: start calling banks and loan brokers.From there, it is all risk mitigation. 

You'll want to ask about their experience, read reviews, understand their availability, pricing, insurance / bonding, and how they safeguard their funds. 

I've been reading and looking up videos and I'm just not confident yet to pull the trigger on a property.

Quote from @Brandon Morgan: Have you read "The Small and Mighty Investor" by Chad Carson?

You should read The Millionaire Next Door by by Thomas J.