Dear Brett,
I am glad to answer your question with more clarification just to picture the image for you.
Online there is nothing called rich quick scheme, or rich overnight, just to be clear about this.
Purchasing blog that has that huge traffic does not mean the income is or will be great. huge traffic
does not mean huge profit always, there is a traffic and quality traffic, if you want just clicks there are software that can give you thousands of clicks, not hits real click and real people, but the problem is that this traffic and clicks are from people who are not interested by the website products, or its content it depends of what are you providing to your audience.
I really wonder how a website with 75000 unique visits a month makes only $500!!!! even if this website is only has adsense may make more than that.
I am really blur here, because I did not see your blog to judge it and give you my final view about it, need to see how is this blog monetized? And see the content and make review and suggestion, if can not see it, then can't review
As a beginner blogger that just purchased a blog, I can't see any solution for you that resume 20% of actions that will give me 80%!!!!
Your expectation is really very high, and in the hurry.
Blogging is not really easy, it is a hard work that should be controlled daily, and comes with maintenance to push up your products (blog and content)
As the introduction about yourself above, I believe that you have a great skills a engineer and CAN go to success with your blog if its niche related to your skills.
Is your blog:
Redback Internet Group ?
I really can not recommend you any of the courses around to be honest with you, you know why? Because there is free information around to sharpen your knowledge, go for a paid course or program if all the other resources did not fit your need.
Below you will see two links from YARO website that I highly recommend you to check out, and sure you will learn many things from them.
Check this link and subscribe to get your free e-book ‘Blog Profits Blueprint”
http://www.entrepreneurs-journey.com...ne-blogging-2/
Tutorials to check
Become A Blogger
Good luck