The potential issue is documenting your intent. 

They were older and the wife who paid the bills was ill.

In my experience these are the levels of how financial fraud is doneLevel 1 - The “sponsor” is a fraudster from the beginning and the entire investment is a designed fraud designed to steal the investor's money Level 2 - The sponsor initially intends to operate legally and honestly but the temptation of easy access to money, usually fueled by addictions to drugs, sex, partying, etc. leads to the bad decision to line the sponsors own pocketsLevel 3 - The sponsor intends to operate legally but a crisis in their life resulting in a need for money leads the sponsor to “borrow” from investor’s funds with the full intention of paying it back ( which they are unable to do).Level 4 - The sponsor intends to operate legally but the assets under their management incur substantial loses; the sponsor attempts to cover up these loses by “temporarily” borrowing from one investor to pay another or submitting false results.

Even lending to an LLC, which Dodd-Frank explicitly excludes, will get you hammered if the intent of your borrower is to use the property as a personal residence.For example, you could make a real estate loan against a gas station.

The deposit is the bond of good intentions.

Give me a call when you need your next project and ill line one up for you. :)

I was debating with the new changes, but I think Ill see this one through with this new data.

Shallow understanding from people of goodwill is more frustrating than absolute misunderstanding from people of ill will.

That may not be the intent, but lawyers don’t care what intent there was. 

Talk to a qualified lender to go over your intent and run over your income to see your current qualifications.They will be able to help formulate to plan of action for you to achieve your goal.