Create income through rent.

For example starting payroll, filling W-9 for independent contractors, tax rules, bookkeeping e.t.c?

The accredited investor rule applies only to non registered securities.

It sounds like you might be referring too one of the three available replacement property identification rules which allows you to identify any number of properties as long as the combined value of the identified properties does not exceed 200%. 

To the best of my knowledge (if I'm wrong here please correct me, someone), since the HUD manufactured home framework came out in the late 70s, multi unit manufactured homes have never been financeable with fannie/freddie/fha money, meaning no one ever made them, and probably no city ever allowed these types of modifications because they would create potential blights, meaning there's about a zero percent chance that any of the stuff making that thing a multi-unit has permits, is remotely close to being up to code, etc.

I would suggest spending the few hundred dollars to test it from the get go just to make sure you don't find out too late and have done damage to it creating a "spill" which is a lot more money. 

I will provide the marketing, screening leads, and creating the systems to follow up on the leads over time.

I just created an event for the meetup in the Real Estate Events and Happenings forum.

Hi there, I'm unsure of the tax rules in USA but I'm familiar with them in Canada and I'm assuming they are similar with respect to depreciation (CCA in Canada).

I am looking to turn this around into an asset and expand and create some positive cash flow.