Paul, these lower-end areas tend to be the places where you can cash flow like you're describing, in addition to Richmond, Vallejo.. 

Not sure what state you are operating out of, but you may reach out to an experienced wholesaler, and an investor friendly broker for additional information.

How long did it take to do the rehab/addition? 

If you have the debt bandwidth, you could potentially take on additional loans and use the equity from the sale as down payments, giving you a tidy little portfolio pretty quickly.

The patio is deep and should I want to in the future I could build up in the back with an addition.

In Lincoln, RI I not only ran into an additional Fire Tax on the property but a Fire Tax on the vehicle AND a $100 per unit Sewer Tax.

I would be getting an additional $3000 if I stay for another semester of college in spring, not including any additional income i may get from saving with a part time job.

You see, if you negotiate a package price, then you have nowhere to go when you’re done; but if you negotiate individual purchase prices, then you can always come back and ask for a discount if you take the entire package.Second, you need to know real values by using the comparable sales method and income methods to value the real estate.

You shouldn't discount your rent to subsidize her housing.

The seller will not discount.