That said, the house itself is very solid 4/2, $84k, low taxes, and I figure I could easily get a B&L employee to rent it out around $1250/mo.

DREs cannot pay their owners wages/salary as they are not considered employees.Only S Corps and C Corps can pay their owners a wage or salary.C Corps are the only one of these entities which have "double taxation" in the traditional sense of the word, which means both entity level tax and tax on extraction of capital (via dividends).Disregarded entities do not.Multimember LLCs (MMLLCs) taxed as partnerships also cannot pay their owners a wage/salary as owners cannot be employees for federal income tax purposes.The article also suggests you can choose between employee and independent contractor classification. 

Hi Chris,If you have a trusted friend or employee near your rental property then you are free to move about.

You have to issue 1099s to non-employee independent contractors that rendered services to your entity and were paid $600 or more during the year.

As many have noted, jobs keep coming and highly paid employees keep coming.

One now and another in 3-4 months.Home office deduction - correct, it is no longer eligible for taxpayer's who trade or business is being an employee as the 2% deductions were removed from itemized deductions.

Ideally I would like to have my own employee who knows how I like things done and also doesn't have 4 different jobs going at once, I would be their only priority. 

Hospitals are large employes with employees who need to live nearby and there's a lot of turnover and they hire young new emplyees all the time who need a place to rent.

On Friday, the National Labor Relations Board (NLRB) overruled one of its own decisions from 2014 to make it easier for a company to establish that a worker should be treated as an independent contractor instead of as an employee.

Current employees will stay and owner will assist if questions come up after the purchase.