You do not do any work- you, nor your son, nor your daughter, nor your male servant, nor your female servant, nor your cattle, nor your stranger who is within your gates.

We are older and my daughter is grown and we are looking to have enough passive income to live in and a little extra.

I love homes with history and architectural detail and Louisville seem to have an unending supply of these. 

The rent rolls, payment history, and other tenants are good. 

Both have great rental histories, are located in very good neighborhoods and very low vacancy.  

I'm also located in Glen Ellyn, IL - I lived here with my wife and daughter for the past six years.

As part of your due-diligence you will want to take a look at any existing lease and get the rent rolls if possible (payment history) so you can see if the current tenants are paying on time and how much.

So talk to those old landlords and make sure there aren't gaps in their rental history!

Rental / financial history?

We are just starting out using our Self Directed retirement funds loaning to a group with a long, successful history.