It truly is an outdoor paradise with hiking, fishing, hunting, climbing, and skiing potential all in one place.Here is what makes it interesting from an investing and development perspective.Affordability: Compared to other mountain towns, land and property are still extremely cheap.

When it comes to structuring a deal, most developers focus on the capital gap — but lenders focus on readiness.Over the last few years, I’ve noticed that deals move faster (and get better terms) when the borrower has a clean due diligence stack ready before approaching mezzanine or bridge lenders.Here’s a quick checklist we use internally before structuring mezzanine capital between $1M–$100M+ :✅ Updated project financials✅ Detailed pro forma with realistic DSCR assumptions✅ Rent roll or trailing 12-month P&L✅ Capital stack breakdown showing senior + subordinate layers✅ Clear exit or refinance planHaving these ready builds lender confidence and speeds up funding timelines.💡 Curious — for those of you who’ve raised mezzanine or bridge capital recently:What’s one document or metric lenders focused on the most during your due diligence?

But once you subdivide the lot and develop or sell the new back units, those are likely treated as separate properties for tax purposes—and they won’t qualify for the same exclusion.

"Developer" STEEVE RAYMOND who solicits investors on this website was exposed on the Chicago ABC News relating to numerous just FRAUD LAWSUITS filed against him by Chicago attorney Ana McNamara, Esq. for taking investor money for supposed building "Rehabs" BELOW IS THE LINK TO THE STORY:McNamara Legal McNamara Legal | Chicago IL

The development is over 50 units all being sold to investors as rentals.

If you want development/investing, stack experience now: join a local sponsor or GC, underwrite 1–2 deals a week, walk sites, and learn entitlements and capital stacks.

My buyer connected me with him and we ended up wholesaling around 100 parcels to that developer.

If my deals are good, I imagine they'd be scooped up by Spanish developers.

The first step to getting started is to set your goals for buying your first property, develop your buying criteria (buy box), and then connect with an agent & lender to see what you qualify for.

There's a ton of great general contractors that you could likely meet there that can point you in the direction of developers