Sometimes it might be better to leave some money in the deal to get a better cash flow and provide a little more of a safety net.I hope that helps.

Just lean heavily on educating yourself on the laws, notices, etc. early on.

We hired a law firm to take them on.I have heard from many people that the reviews of people stating that they good experiences are them and 100% fake. 

If either argues about the approach you can simply fall back on the 'law'.

In Florida, land trusts offer some unique benefits similar to an LLC, such as asset protection and anonymity, which makes them especially appealing in creative real estate deals.While LLCs are often more widely used because they’re familiar to investors and offer clear liability protection across multiple states, land trusts can be highly advantageous in Florida due to the specific protections our state law provides.

Consulting with a contractor or local building official is advisable to navigate compliance with safety requirements while optimizing your renovation project effectively

Quote from @Joe Yobaccio: @Chris Seveney I am trying a simpler version of a loan partial, but want to keep my name on the note and Colllaterlize it for safety of a lender and would like some feedback on the terms. 

My father in-law has not been living in his house (primary residence) for nearly a year.

Sure- Idaho has state laws outlawing rent controls.

Additionally, the landlord laws here are more investor-friendly.