I could write out some document employing them for free rent but not sure how that might work atm.Thoughts: Putting them on the loan may be silly because I have better credit I believe.

I have been in construction all my life and would like to make the job change from self-employed construction company to owning & renting property.Joe

I currently employ one (the only one I've ever hired), and not sure what I think of them.

That much is obvious, I know.There are hundreds of plans to choose from, unlike an employer who will only provided a few choices.Depending on circumstances, the plan you get may cost anywhere from a few hundred, to a thousand per month.

Maybe the current employment is a poisonous existence, maybe the newbie has an extreme entrepreneurial spirit, maybe the newbie has an excessively detailed plan and the capital to back him/her up for six months/a year.I agree with all of these.  

I have not invested in Colorado, but I do have something that may be helpful for you: if you're in the business of flipping homes, you may be better off flipping in an S corp rather than an LLC because you'll save some money in self-employment taxes.  

In addition to my real estate income I work at Sleepys (mattress store) which brings me to about $75,000 per year, but because my job is commission based I need to show 2 years of consistent employment in order for the banks to consider my income which leaves me in a tough spot for a loan.

Per seller, it's very easy to rent because there is a college 5 mins drive away and some other employers in the neighborhood.  

There are credit aspects, financial aspects, social aspects and the ability to guide buyers through personal finance matters, employment issues and address life experiences to improve the circumstances.

I'd look for cities with the following:1) High Wages2) Growing Population3) High Tech Employers 4) AND... drum roll.... moderatly affordable homes.