I’d like to go faster but my team is busy with other projects at different locations.

With you being an out of state investor, I assume based off your Denver location, it is vital that your property manager does their due diligence beyond just getting a rental verification.

Live in new home while it appreciates for 10 years until I get a faculty housing spot, sell private market house, put proceeds (minus downpayment) in bank for retirement (I estimate this will be 1.3 mil before capital gains and real estate fees based on 7% growth in a very desirable Southern California location), and take out new loan for lower cost faculty housing.

Developer I hired was located overseas and every time I asked for reports on work done made an excuse about going off due to national holidays.

The buildling is in a good location but it needs some work. 

Each lot is 1/2 an acre and located near 3 large golf course communities.  

Let me know if you need assistance to locate a lender!

While this is a good question, the answer is absolutely location specific.  

I called the 1 800 number and was told they place victims in housing and find re-location housing for  company new hires. 

It’s true that it’s harder to find properties that will cash flow once you move out in higher cost of living areas, but overall returns make that a moot point in my opinion because appreciation is also much higher in these better locations.