Now for the big time. You've gotten a feel for how engine failures affect your flight, but you've always had altitude to spare when it happened. This time you'll fail an engine right after takeoff and try to make it back to the airport in one piece. The odds are a bit against you by working from an airport that's already a mile above sea level, but it's better you see a tough scenario on the sim than in the real world. We'll stack the deck a bit in your favor the first time by using the lightly loaded Baron.
You're on the end of Runway 29R, and the winds are light. Get yourself ready for takeoff. Press Shift+4 to open the throttle quadrant and place it where you can see it. You can't set the timing of an engine failure to simulate the worst-case scenario of a failure right at rotation. Instead, position your cursor on the OFF position in the left fuel selector. Advance both throttles with your joystick control, and roll for takeoff.
Ref.: West, Jeff Van. Microsoft Flight Simulator X For Pilots: Real World Training. Wiley. Kindle Edition(Location 12944).