(Because, those two concepts are TOTALLY different)!

There is a section on the right side of the page where you can type questions and comments during the discussion.So come join us Tuesday November 17 at 5:00 PM (Mountain Zone) and hear Dawn and me discuss general landlording concepts and tips, including how to screen tenants.Click this link below to sign up:https://blab.im/mindy-jensen-biggerpockets-let-s-talk-landlording-with-dawnanastasi-mindyatbpOr watch live here on BiggerPockets:https://www.biggerpockets.com/pages/landlording-live-blab-with-dawn-anastasi(FYI - you do NOT need to sign up for Blab to watch this.

Note that his advice was actually on my primary residence but the same concepts apply (pay more principal while you can, throttle back when you cant)

The whole concept is to allow the crowd to vote with their dollars.  

There is a concept called "House-Hacking" that is preached here on BP - especially for us newbies.

I could buy an existing business across the country for that type of money in business for 20 years throwing off 500,000 a year cash flow profit or more after expenses.The hardest thing to do is take a vacant restaurant and make it successful under a new concept.

@Sandy UhlmannThere are a lot of factors that go into making such a decision, such as your age, the expected return on investment, current income & tax rates, expected tax rates in retirement, etc.Generally speaking, the longer you will have the account and the higher the rate of return, the more likely you will achieve the desired result, which is access to more after-tax cash in retirement.There are many good calculators out there on the web that can help you get a rough idea of the concept, but a conversation with a licensed professional who will help you look at all of the short term and long term variables is the right way to go.A basic consideration is that the distributable amount in the converted Roth needs to equal or exceed the after-tax distributable amount of the traditional IRA + the personal cash you use to perform the conversion.Converting before the account starts producing higher returns can be to your advantage.  

Of the Buyers I have found from signs and referrals don't seem receptive to the assignment/wholesale concept.

@Bill Exeter Thanks for the reply's. 1031 has been a concept I have heard of in the podcasts but never read up on at a very in depth level.

And the same concept applies to all business not just real estate.