You will have selling costs and taxes that are not worth selling in such a short time, in addition I assume you are in the game to build wealth, keeping this asset is a fantastic foundation to build on, don’t cash out and start over.

I'm currently a Civil Engineer working in Land Development in Denver.

If you go this route you’ll need to start developing a relationship with a local lender.

I suggest a good dose of C combined with B (cause that's inevitable).Just concentrate on #9 and #10 - real estate investing is a long game (at least IMHO).

But if that is stopping you, then this game may not be for you in the long run anyway.

Then, over time as I developed a track record, they started feeling more comfortable lending me a higher percentage of the purchase price. 

There's so much of this country that hasn't been developed or even touched yet.

Yes I do have a plan and my strategy is the slow game, buy & hold.

We had already extended closing by thirty days at this point for due diligence as the property was industrial land the we plan on converting to residential development, so environmental revue and such needed time to come through. 

Has to be the right fit of course and both partners need to have some skin in the game but win-win all the way.