(it may not legally be an eviction but some other term like "wrongful Detainer" but basically the same thing) From a practical standpoint it may not be worth the time and effort to get them to leave.

@Jackie Lange Thank you so much for the rundown on the foundation issue and to @Joseph Weisenbloom for the reality check.I didn't do a good job of communicating that as I'm abroad for the time being, I'm just using the data at my finger tips to do simulations and practice the math.

I'll give you practical thoughts to consider:If you can't charge fees for legal or tax advice, real estate or mortgage brokerage activities requiring a license, are there any services that you can be compensated for legally? 

You will get better with practice.

If they still refuse, then practically speaking, you're probably stuck but at least you know whom not to recommend.  

Not sure if that is practical for you or not. 

Oh what a tangled web we weave when first we practice to deceive''.

To use the general exemption you would make sure that you did not advertise or solicit, and offered your investment opportunity only to those people that you had a pre existing relationship with, and only after the relationship existed for at least 90 days.As a practical matter, the disadvantages of using the general private placement exemption are1.

It is common practice that the property manager keeps the security deposit in Indiana.

It just a really good deal she practically giving me the house for free.