SFR's are good for wholesaling since individuals find themselves in situations where they basically need to take their house to the pawn shop (w/out the option to buy back, of course). 

I'll provide a few thoughts from the wholesaler's point of view and I'm sure other individuals will comment from the investor perspective.

I've had to really on creative financing and sourcing private loans from individual private lenders in order to scale my portfolio.You've got a few deals under your belt but you have not yet achieved financial freedom.

Since credit/background check is usually one lump sum you just end up running it on each individual.

You can purchase a property individually or in LLC in 46 states across the country. 

I know in my office there's the Board of Equalization (BOE) made up of a variety of individuals in Real Estate to provide outsider opinion on a case by case basis.

Is it accurate to say that a person (non-accredited investor and lead on the property purchasing/fixing/reselling) is capable of reaching out to others privately (say, individuals in the home construction business who are also non-accredited investors) and gathering a group of them to help invest in said property that will be fixed/sold, without any issues from the SEC such as licensing or requiring accreditation? 

Great deals can come from a property owned in an LLC or individual. 

For example, 3 groups of 5 people: You would have to work with 12 individuals to acquire, manage, and exit (maybe) on just 3 properties.Theft.

Hotels selling their individual rooms to investors and seem to be minimal cash flow business but a completely hands-off investment.