We are looking at single family, and/or small multi family homes in the northern Illinois and southern Wisconsin areas.

With a budget of $300K-$400K, you could potentially find single-family homes or small multi-units in those areas.I'd recommend researching rental demand near universities like Duke or NC State or even checking out neighborhoods with strong job growth near tech hubs.

I have found enough business and made enough money not to need to expand outside of this market.Section 8 is a whole different ball game but I find the program is unique in that it's a 3-party relationship adding the variable of a government agency.

Consider house hacking where you buy a multi-unit property and rent out the others.

I've watched several "Webinars" (pretty sure they're just hyped up YouTube videos and not what I would consider a webinar) right here from BP that are really just a push to become a "PRO" and gain access to all the tools.

@Jonathan Klemm my hope is to continue to look for opportunities, primarily multi-family but also SFR. 

The back of the note is stamped "Pay to the Order of" to some third party "without recourse" like a check.

Whether that is a sale to you or a 3rd party I don't know but the threat alone may be enough for her to sell it to you.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

That stopped when I stopped using third-party cleaners, but I also started to only leave enough for the stay.I use a small Dawn hand dish liquid that I fill between guests and larger hand soap dispensers in the bath and kitchen that I fill between guests.