Of course, the minor though wouldn’t legally have the ability to pursue the tax deed auction process, on their own.

An umbrella policy from a reputable insurance company, in the amount that makes sense for you, will give you the legal protection you need to get started, for a fraction of the cost.

Most of the HOA in our area (Jersey shore) have some type of restriction to limit rentals. 

I'm concerned that if the closing happens after I leave my job, the mortgage legally would need to be re-evaluated and could be set at a much higher rate or not be approved at all.

I'm aware that there are restrictions/limitations with this type of setup.

Is legal zoom satisfactory or should I go a different route?

Annual numbers are:Built in 1984 - Seems to be a B class complexPotential rental income $900K-$1M gross6% vacancy ($60K), $20K addition income from vending/laundry - no other amenities, $65K taxes, 5% ($50K) Capex, $28K Insurance, $16K contract services, $90K payroll/staffing, $150K repairs/maint, $6k utilities (tenants pay their own), $10K accounting/legal, $5k advertising/marketing, $100K (10%) PM (is that redundant with staffing?)

the rooms will be furnish one bed, 2 cabinets, and 32 inch tv with rokuI want this property to be for nurses only the reason why is because some nurses work the night shift and sleep during the day plus they just want to come make their money and go back home. they don't want to be stress with living situation.my question is would this be something that is legal in florida for rentals of a family home

What can the bank do and what legal ramifications could be in play here .

To gain title by a claim of Adverse Possession a court would still need to find that the adverse possessor's claim to a property is legally opposed (hostile) to any potential claim by the owner of record.