They have one huge advantage theyre safe havens you will never lose your money. 

'But it will be a safe way to keep money' (says the wife).Why does it need to be immediately liquid?

I told him that I worked very hard at providing good clean houses that were safe and pleasant to live in and I didn't deserve to have him call me slumlord, since I was not one. 

Selling that note has so many issues to be safely marketed even experts need to do alot of work to scrub all steps etc.  

Can you share some more info with regard to what particular areas in Joilet are good/safe and which areas to avoid?

Yes, the safe harbor rule only applies to the foreclosing bank.  

Not in the spirit of federal loan (government subsidized) loans, the SAFE Act, potentially fraud statutes, may be against 'public policy' interests, etc.

You are taking a great initial step to educating yourself about real estate and working toward implementing what could be a life-long income strategy.While a passive "market based" investing is a great way to approach a well rounded strategy, there is no replacement for safe real estate investing.Most people can retire on 5 good rental properties. 1800 x 5 = $9K per month.

I understand EMF's are bad but is there a safe distance? 

I am very anxious and motivated to learn how to profit safely and transition out of my "job".