Consult with your tax advisor to see what the implications of a Roth conversion would be and whether there is a real cost-benefit to doing so.

@Chuck Taylor  - Our social media is rather poor we need to strengthen that channel.  

I envision a community with pools, clubhouse, social gatherings, shuttles to nearby shopping and medical, "handyman" type services to help seniors with maintaining their homes and yards, someone who can run errands, etc.

Unlike passive rental income, the income from an active trade or business is subject to self employment tax (a nasty 15% tax commonly referred to a "social security and medicare" by working folks).

I am not the kind of person to do cold calling (sorry) and i love social media marketing but i need a bit more... 

You made the first step in connecting on the largest social network specifically for the Real Estate Investing industry.

There are potentially serious legal implications to structuring deals like this, and they can't or won't work legally in all areas.

Putting your money in the stock market or expecting social security to take care of you seems more risky to me. 

I'm also working on setting up my website along with social media.

Have you thought about what the tax implications would be?