You could always try to AirBnB just your bedroom maybe a couple of nights  week and go home for home cooked meals on the weekends....or if you buy in the right area put a travel home in the drive or in the back yard and sleep there if you rent your bedroom, or if there is some other kind of room you could use, like a big laundry room or storage area.Sounds like you are on the right track.   

@Ethan Cooke most of us hosts on this forum agree that airdna is a waste of time and we prefer to do our own annayslis. 

Also there are hard money lending syndication/funds, that will give your friend a much larger and diversified pool of notes, for the same investment as buying a single one (plus no headaches of having to handle foreclosure yourself if things go badly).For syndication, one of the best books I've ever read was written by Paul Kaseburg (under the pseudonym of Sean Cook).

Most fires are started by the food being cooked, not the appliance itself.

One of my major concerns is of doing any type of property in and around Chicago the unnerving cook county tax rate.

Sounds like the stove has been through a lot of cooking lol and It could go out soon.

I don't need to tell them again that bouncing on a trampoline may result in injury or that cooking small animals in microwaves may result in death of the animal. 

There needs are pretty basic, a place shower, do laundry, cook food, drink beer and sleep. 

It could be a breaker/electrical issue, it could be an issue with the actual stove, or even just the tenant not being used to an electric stove and the burners turning on and off during the cooking process. 

Rising inflation and costs are causing people who come here on vacation to spend less money on food and other items and decide to cook more meals in their unit for the week.2.