Vacant Land in downtown Philly: Sell or Keep

[Chanelle Henry]

Hello everyone, I know what the initial answer may be on this, but at the age of 34, I'm facing some financial issues that really started as soon as I found out I had a lot of health issues that would cause me to lose my job and go into a greater debt than I would have liked before starting grad school. I currently owe about $140k+ and raising, and this includes student loads were are currently being deferred, but I also own a vacant lot in Philly that was reassessed by the city this year (because of big improvements) and it's worth $175k. My credit score went down 200 points in the last year, I'm smart with tons of IT and tech skills but can't seem to get a job and I was wondering what to do? Can I keep this property and somehow Manley residual income on it? Should I sell it and try to invest in another city I possibly like ? Is if possibly to get a real estate investor to fund building on the property, or is that not common? Please help!