What kind of customer issuers are you dealing with besides not getting a K-1 in a timely manner.

I know there's a local place here in Albuquerque that does the cheaper paper (like thin cardboard) and they are called Minuteman Press.

Use cardboard and a crayon, it doesn't matter, just write them down.

I have never had an issue renting it out.

Have to constantly check the investors' status and follow up with the stragglers.Now, if I understand correctly the new 5-year accreditation lookback rule from the SEC, I can assume that the investors are still accredited for up to 5 years, at the condition that this is a single issuer (our fund) can use the "reasonable steps" verification for an investor (the original accreditation letter) and the investor provides the issuer with a written document that they still qualify as an accredited investor and the issuer (our fund) is not aware that the investor is not accredited anymore.

The burden of complying with Reg D is on the issuer or seller of the security. 

There are secured credit cards for people with bad credit, but those generally have very low limits (my wife works at the countries largest sub prime credit card issuer).

This will make it harder to purchase which will keep the rent demand high.  4) there is the on-going supply/demand issue. Renting

I would definitely hire a professional, this can turn into a liability issue real quick.

Back in the day I hear a short story.In this investor's neighborhoods one day he started seeing crummy handwritten cardboard signs saying 'I buy houses'.