This is an important distinction in places like Breckenridge/Summit County, where the city of Breck has essentially banned new vacation rentals, but Summit County allows them.Good luck!

Decades of entitlement have destroyed a large segment of the black commuinity (especially black males).

Usually, they are affiliated with the local REIA and represent a smaller segment.

Yes, all three might be present in the same property, but all three are distinctly different.Real estate is full of realtors that will tell you the sky is red and somehow get you to believe it.

And before anyone goes for the saying that the market collapsed in 2000's, truth and reality is segments collapsed which created the opportunity for others to blossom and prosper, I know because I was one of those and I did awesomely. 

there is a large distinction between theoretical and actionable, but ill do my best to help.first read, listen, and watch everything you can on real estate investing.

The distinction between tax tool vs tactic vs and strategy is too often blurred! 

THAT is a key distinction.Another distinction which usually keeps people poor is the difference between "saving" (read: not spending, a consumer concept) and earning or profiting (an entrepreneurial concept).

However, I do distinctly remember being taught about exponential growth.

See following IRS page (https://www.irs.gov/retirement-plans/plan-sponsor/401-k-resource-guide-plan-sponsors-starting-up-your-plan)However, the distinction is that the solo 401k trustee may not receive compensation for performing such managerial/trustee functions.