How to relocate the entire user profile and home folders with local GPO?

I followed this guide: http://www.grouppolicy.biz/2012/07/how-to-set-users-home-folder-via-group-policy-in-windows-8/

for relocating the users' home folders using the local group policy editor. However it didn't work :(

I need to 
- relocate all user folders and data including NTUSER.DAT to a network share on the local network
- without caching (offline folders) and
- not through folder redirection (which is not a complete relocation) 

So does anybody know how to do this on Windows 8(.1) WITHOUT Active Directory but using the local group policy editor instead?

Thanks in advance!