What would you do with $50,000 for 8-12 weeks?

[Account Closed]

I have just refinanced a property that I bought and renovated this year, and, after paying off the rehab debt, I have about $50,000 cash sitting in my bank account from the mortgage money that just came through today.  I want to use this money toward buying my next property in 2-3 months but in the meantime, is there any short term investing or anything else I could do with $50,000 over the next 8-12 weeks?

I realize I can put it in the bank but really am looking for something that might give me a bit more real estate experience.  Or just wondering what you experienced investors do when you have cash sitting in your bank for a few months. 

The market here in Edmonton, Alberta, Canada (look at me throw out those key words!) is a bit over-inflated at the moment in my opinion, considering the recent job losses from oil prices, as well as the related rental vacancies.  So that's why I don't want to buy right now, but I'm also going away for most of January on vacation, so don't want to be managing a rehab.  I'm hoping that there will be a price drop between now and February - winter is never a boom time in this land of -30C winters anyway...

This current project will be rented and it's the only thing I own right now.  I have had another rental and also done one flip in the past.  I have some negotiation and legal experience through work and so love contracts.  I know this is all rather vague but I'm not wanting to limit any responses that might bring in an idea I never thought of.

Thanks for whatever crazy ideas you can throw my way!

Pam