If you want to help them, You pay a couple of hundred bucks for them to sit down with Your cpa of choice.....they’ll get it straight and you get some good will (and stay out of legal trouble).

I haven't personally used him as my evictions have been straight forward enough that my property manager could handle it, but he's the one who actually wrote the standard lease for for DelREIA and is recommended frequently by those folks who have more complicated landlord tenant issues to resolve. 

If you want the straight scoop I'd reach out to @Amber Gonion

It was pretty straight forward What was the outcome?

Go straight to jail, do not pass go (Monopoly game reference).You don't need to lie about it.

Amortization does not do a straight-shot (rate x loan balance) to determine interest.

Research:Owner/seller-financing - very difficult to get in residential deals unless the seller is more sophisticated.Rent-to-own -  easier to get for residential deals, but you will likely pay more than what the house is worth.Hard money lenders - you may qualify for a straight cash loan from a nonbank that can be used to fund your deal.

I'm in Louisville and see super cheap properties but they're in (more or less) straight up war zones.

Just be straight with them, tell them the address and ask if you can proceed with your plan.

Can you imagine waking up every morning, knowing that if one thing goes wrong that day, you're in financial dire straights?