I have a day job .

Having a high paying W2 job will help with this.

Wow you did a great job on the rehab!

I recommend working hard to find a way to turn that one into a rental.Sit down and work out the numbers with your wife, talk through what things will look like 5-10 years out as the house appreciates, rent increases and your job pays more.

If the existing pipe collapses before we have the job done the price goes up.

However, many of those properties are actually on ground leases, so its very rare that the shopping center owner is willing to parcel off a pad and cell it, more often than not they are retaining the dirt and the restaurant is leasing the dirt (generally $100K-$180K annually from most markets I operate in) and then the business builds the building and when they leave the LL gets to keep it and lease it to another tenant. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Their situation was a little specific as they lived in and operated a business out of their home so they signed up for a NNN lease, and the property was dual zoned residential and commercial so we were able to maximize their value.  

I have other investments and savings that I don't want to touch.I planned on staying employed at my current job and my husband would keep his current business until we feel we have a handle on the new business and start working towards growth.

Their job is to ensure that the paperwork and inspections etc are completed in accordance to Federal, State, County, Realtor Board and Broker laws, regulations and rules ..