Its very hard to take a 100K property and get it in good working order for 15K using reliable contractors.   

I own a consulting company that takes up a lot of my time as well as a wife and two young children.

It may also be beneficial to consult a local attorney or your property management company for guidance on lease-breaking standards in your area.

We need someone reliable as we are busy with our daily jobs and other investments.

Consulting with a tax professional and financial advisor to create a comprehensive strategy that balances your real estate ambitions with long-term financial security.Remember, successful real estate investing is about managing risk as much as seeking returns.

You should consult with a qualified professional before acting on any of the opinions shared in this post!!!

These questions can help you gauge the tenant's reliability and suitability for your property.

Is there anyone well versed in Colorado law that can answer a few questions before I consult with a lawyer?

Let me correct myself-- energy is going to be most interesting thing at this point.The reliability, acquisition, and demand. 

Also, I am open to thoughts on my strategy to partner with people who are open to equity position, not as a fee based consultant.