Assuming Colorado is similar to Wisconsin in adopting existing leases upon purchase (I have no clue if this is actually the case for Colorado), you'd essentially be adopting the lease you created.Again, this is not coming from experience and isn't legal advice, just the initial idea that came to mind while reading your post.

You wont know until you ask.As far as the hard money lenders (similar but not the same as private lenders), there are several listed here in the Bigger Pockets under the tab "Tools" in the option labeled "Hard Money Lenders".Some of the previous responses gave you some very good options.

Without some background as to debt levels, income/taxation level, asset type, investing strategy, their why etc it is similar to asking what is the best play in football for sure.   

Another place with similar location and Conditon sold for 173k with no second lot or 2 car garage and rent was only $1750.

With more than 40,000 in the Metroplex proper.People in other areas would be shocked if they saw our construction rates.I know some of the small communities around here that are similar to the following...10,000 population200 homes being built a month.400-1000 new apartments in development about to start construction.While that number of apartments might be needed within the next 3 years it might take to years to absorb them.It is the same in the high end areas.  

I would love to meet those who have similar interests whether new or seasoned investors. 

My wife and I have similar aspirations as @David Lemley. 

Has anyone else been in a similar situation?

Similar to @Rob Brown we own a duplex in Mission Beach (San Diego) one block from the ocean and 2 blocks north of Belmont Park. 

Your military work history can be included if what you do now is similar to what you did in the military.