What happens when pot smoking grandson moves in with his pregnant girlfriend to "help" grandma? 

My goal is not to get rick quick, or follow gurus to the pot of gold.  

It's like poker for the following reasons:Never send good money after bad money.Losing pots is not the same as losing money...as long as the money is still on the table...it's just in a different pile.Stay in the game...make your bids/buys accordingly.Keep this in mind at all times.  

And then the money I am no longer putting into rent will continue to be paid forward into my current investment pot, along with the 50% of my income I've already been dumping there every month.

Now let me throw a monkeywrench into the pot to see if your suggestions change:1.  

in the city where i work, there is a company owned by koreans and they made the engineers go out and put asphalt in the pot holes because they were too cheap to fix the parking lot.i have not heard about having to go out drinking with the boss.

If you have $50K, instead of putting it all into a single property, split it into 4-5 pots of money to fund 4-5 leveraged deal. 

Also - don't forget, if you sell it for $7k, you will still get a 1099 for $9k and have that tax liability, so your net is closer to $5k.  

It is great that your husband works in construction as labor is always the biggest cost associated with rehab and my wifes commision sweetens the pot every time we do a deal.  

Then your net is $17.5KIf cap rate is 10% (class C) then your maximum offer is $175K.Are there any value-add opportunities besides rent increase?