(the law was changed in 2009). 

They know how FL state law works. 

I’d check with your local laws and attorney first to cover yourself.

Also are you strictly for cashflow or do you want appreciation.

Juan Castro I’m glad that worked out really well for you.How did you go about finding out the specific laws in your state relative the new landlord/renter relationship?

I know what the law says about owner-occupy requirements on a HUD home, FHA, or any other owner occupant situation but I find that absurd and even more risky.

It is the law. 

Are there any restrictions there on what you want to do including any city, state, or federal laws. 

There is essentially two types of investor to be included in the partnership: 1) member with very little assets to protect with a substantial amount of savings in retirement accounts, and 2) member with retirement accounts but also a substantial amount of money in a regular investment account.My questions are: 1) How does the Louisiana laws protect retirement assets and personal home in case of litigation? 

Bond for Deed must be French Law.. never heard that term in my 44 years of real estate.I am assuming its a debt instrument like a mortgage or deed of trust.Zero % financing is great.. as long as your not paying double what its really worth.with those terms it leads me to believe that the seller is tired of managing this and the management could be Hi touch lots of work.. so if you think your ready.. that s a pretty decent deal in my mind..