Population is growing aggressively and jobs are moving here especially with major employers like Intel, Google, Amazon, Nationwide, etc.

A couple common examples where you the investor are now an employer...If you hire Joe Bob the day laborer and pay by the hour - your state would probably classify them as your employee. 

In fact my former employer who owned and managed a portfolio that exceeded $1B utilized an asset protection system more simplified than what you propose.

I wouldn't get full employment at a very chill job.Security , Mall job. ., etc. 

People could just not pay, regardless of employment.

Second home requires a minimum of 10% down and show (2) years of employment, income and good to fair credit to qualify.

Its a Colorado-specific situation, I guess I should have been more specific:Portable tenant screening reports (PTSR) pursuant to HB23-1099 § 38-12-902(2.5).(2.5) "PORTABLE TENANT SCREENING REPORT" OR "SCREENINGREPORT" MEANS A CONSUMER REPORT PREPARED AT THE REQUEST ANDEXPENSE OF A PROSPECTIVE TENANT BY A CONSUMER REPORTING AGENCY,WHICH REPORT INCLUDES THE FOLLOWING INFORMATION ABOUT APROSPECTIVE TENANT AND THE DATE THROUGH WHICH THE INFORMATIONCONTAINED IN THE REPORT IS CURRENT:(a) NAME;(b) CONTACT INFORMATION;(c) VERIFICATION OF EMPLOYMENT AND INCOME;(d) LAST-KNOWN ADDRESS;(e) FOR EACH JURISDICTION INDICATED IN THE CONSUMER REPORT.....Link to the full Bill

Hey @Sun Casper, the choice between Schedule E and Schedule C can significantly impact the taxation of your income, particularly in scenarios involving rental properties or self-employment.

Plus, if they don't pay, and their wages have to be garnished, their employer and future employers don't like that at all. 

Population is growing aggressively and jobs are moving here especially with major employers like Intel, Google, Amazon, Nationwide, etc.