We were collaborating with a local real estate agent who presented us with this MLS listing.

BTW: did you check local ordinances about boarding room rentals (which this would be)?

Connect with local wholesalers on BiggerPockets, Facebook investor groups, and at networking events.

I think you need to find a good local agent, network with investors(local meet ups, FB groups, etc) and learn more to dial in the gameplan. 

It is is going to calculate the expected price based off what you tell it as well as what Price Labs sees in the local market.I questioned myself moving to price labs after I had been doing this manually for several years.

We pay payroll taxes and workers comp, we comply with state and federal laws regarding work place safety, PTO, vacation, labor laws et al.

Connecting with local lenders or experienced investors can really help you get clarity.

I obviously can't comment on yours specifically.Go to the local REIA events, get in specifically with the folks doing the syndication thing.

They moved in and within 24 hours sent the following letter (names have been changed): "Hi Dawn and Brian,Sindy and I are frustrated, disappointed, and really struggling with the idea of moving forward with the move into your home.We realize this is the first time you have rented a property to someone, and may not be aware of the responsibilities that landlords have, and want to inform you that there are habitability issues with the home that are quite literally against the law, pursuant to Colorado’s Warranty of Habitability Law, CRS §§ 38-12-501 et seq.

Since regulations frequently change, it’s best to consult a local real estate attorney to ensure compliance.Good luck!