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..

It depends on state law where the property is.  

@Marko Zlatic no need to worry about AirBnb because soon will be new law about short term rentals in Serbia.

There are over 100 points in the new tax law that specifically says that Treasury needs to issue Regulations on it (which is not a fast process). 

Thanks Alina, but I am familiar with eviction laws here.

They have a daughter-in-law and granddaughter who were living with them who applied to rent.

If I am correct, it is also not allowed to invest an IRA in an in-laws deal either.