I know buyer protection is important but if I’m able to secure a property well under market, it would be worth the risk of not having a realtor “protecting me” throughout the process.

I am sure his security deposit will be used up on junk and trash removal, cleaning, fixing everything he broke.2) Among the things he left behind were a huge nitrous oxide tank in the bedroom closet and six boxes totaling literally thousands of steel cartridges that say "ultra pure" on them. 

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? 

The principal is secure and less volatile than other common retirement assets. 

If they actually leave and the place isn't trashed then you are required to refund unused rent $$ and security deposit. 

I’m putting this property on a 15 year loan due to my situation and circumstance and how much money I make with good security if market turns some.

Suffice to say, the deal is off and the bank is going to begin foreclosure process and most likely open bidding to the public I reached out to the bank, and they mentioned I could potentially “buy the note” from them so at least I could secure the property for my church.

These can be a very powerful secure part of your portfolio. 

I know people who don’t pay their student loans regularly, but pay their other bills (including rent) on time, all the time.

I've got some funds secured for buying my first rental property!