If you are able to buy a single family home, you can rent by the room long-term, or if it has separate living space (basement, mother-in-law sweet, etc.) you can Air Bnb, and likely cover your mortgage and potentially make money while living there, especially in a hot market like Austin.

I’m going to guess no matter what I do (other than underpinning) this cannot be counted as a livable space.

Most people new to the space use a local (fee for developer) services.

Business side has 4 parking spaces separate from the home’s 2 parking spots with room for storage.If the goal is to tear it all down and create a multi family 4plex in its place, what are my first steps to doing a project like this?  

With a detached garage, workshop space, basement or ADU ect - something I could turn into an extra room or at least into additional equity.

You are renting a storage space, not a residence.

It's just not going to function quite as an MHP would but still having knowledge in that space will allow you to determine if this would be profitable.Not buying just because you're afraid of having park owned homes is a bad idea.

No matter how much of a livable space it may resemble, if the basement or garden level isn't legal habitable space, you are taking on significant risk renting it.

The law actually stills requires it in writing although I would assume most JP Court judges has relaxed that provision to include email and text

I'm looking for a skilled, experienced, and financially sounded General Contractor to build out luxury loft apartment and commercial space in an almost 16k square foot property in the heart of downtown Rocky Mount.