However, I wish I went just to see first-hand what happens in these situations.I say keep following up to see what you can uncover. 

So if something unexpected is uncovered during due diligence I can't get the deposit back. 

From what I've uncovered after speaking with some local lenders it's possible to obtain residential mortgages through an LLC, however lenders won't consider it unless you've been able to demonstrate positive income (by means of tax filings x 2 years) sufficient to cover the added expense of the new property. 

The homes are in move-in ready condition i.e. no rehab required or no major issues uncovered in the inspection report?

People don't like to be jerked around so I've used the pass/fail inspection a few times to let the sellers know that I'm familiar with the rehab needed and unless something major was uncovered like a collapsed sewer line, I'd close at the price I told them.

Should I just find something that'll work to get my feet wet or keep digging to try to uncover a great deal?

To structure seller financing, it is always best to begin with a conversation to uncover the seller's goals.  

@William Nelson Great advice, I wish I had someone to tell me these things years ago.Bottom line for me, is take a break from looking at props and focus in your business plan and vision as you’ve mentioned.I know my business plans will change, but the most important exercise was the act of writing it down as opposed to just having the plan in your head.Not just the plan, but I also found myself researching local real estate attorneys, real estate agents, insurance agents etc. and everyone who may be involved in my business.I’ve uncovered a ton of things in my local area, which I hope will help going forward.Lot of great stuff.

I'm learning as I go and uncovering nuanced info and approaches layer by layer.

Extreme weather or the uncovering of more problems is fair, whereas lack of organization and communication certainly is not.