yes thanks Donald--I'm wanting to convert a duplex into one SFH.And I'm just spitballing at this stage, though I'm getting ready to complete one regular renovation in about six weeks and I'm thinking about the next project.

A lot of material but I did my regular licensing online somewhere so I'm used to a bunch of online material that you have to read.

Most scoop outs end up in the regular garbage dump locale

Wow – that’s not good from a tax perspectiveThe income – and deposit – would all be taxed in the year of receiptThere’s no tax break, no averaging, no postponing, it’s all just regular income"

Actually, I've had my account set up on bigger pockets for a few months now, and I listen to the podcast regularly, but this is really the first time actually introducincing myself and participate in the forums. 

Is paying one-twelfth of my taxes every month along with my regular mortgage payment better or pay the whole taxes in advance will be better??

The reason why I ask is I am at work during regular business hours, so it would be difficult to go there with any kind of regularity.

There is a group of investors that meet on a regular basis in Murrieta that I am affiliated with.

I follow the 70% rule, I analyze properties on a regular basis and feel comfortable pulling comps for the areas I focus on.

Lian Shi - if you do a search here on Wendall deGuzman, playing around with HUD and various keywords, you should find information from one who does this regularly about how to wholesale a HUD home.