We would like to use the Check-Out tool for when a document needs to be revised but others still need to see the most recent "approved" version.  Problem is, our individual computers are not backed up and it might take months of revisions before the new version is approved by Council and the document is ready to be viewed by others.

Can we choose the location of where the checked out documents get saved?  If we could choose a specific folder on our server where all the checked out documents would be stored automatically, every time something is checked out, then we could feel confident that we wouldn't lose documents if someone's computer crashes.