Seems like they are looking to start spending on new developments in many different ways.

Winning coaches know when a certain play is the right play and when it’s the wrong play based on all the variables of their unique current conditions.If you want to achieve a high level of success as an investor you must spend the time to learn the concepts and theories.

Buy a property for $75K, spend $25K in rehab, then sell for $135K. 

If I intend to spend/use that money in the next year or three I put it in the bank. 2.

I'm probably overthinking this, but I'd rather invest in the right strategy now rather than reworking and/or spending more down the road.And in the case of this newest rental, it will need new locks for the front door, side door and garage service door.I guess I'm not keen on having multiple keys for the same property so mixing and matching the schlage with landlordlocks won't work.  

One I bought from a neighbor , one from a drive by while doing service calls , one from a customer , and one from a friends mother after she went to assisted living . 

By the sounds of it, you intend on spending a reasonable amount of time in the state, and so your personal enjoyment of the place is as equal a priority as the investment side.If you think you will be travelling back to Chicago a lot during your time out here, then a front range/summit county location like Jon has suggested might be in your best interest, so you arn't too far from DIA.If, however, your goal is to get far away from the highway, then come and visit us in Telluride! 

Right now my credit report looks like I love spending, but divorcing a narcissist cost me about $40k and $582/mo in child support, otherwise I'm incredibly frugal (cheap!).

Happy to assist and network

Good luck and let me know if I can be of assistance.