Lock-out, should they continue to not come even, would be typically less than 14-days.Unless the tenant comes even with the rent (which would result in dismissal of the non-payment of the case), there is generally limited defense to this process.

Since the property is in Los Angeles County, I expect the eviction could take 4-6 months, followed by another month or two to secure new tenants.

The only slight red flag was that they only accepted payment via Venmo or wire transfer, but that's how I accepted payment when I was selling lead bundles, so I still thought it was worth a shot.

Will you act as KP in my deals, offering your balance sheet and liquidity to help me secure a deal?

As others have suggested, you could get a conventional or FHA loan if you want lower down payment options.

Many voucher holders are grateful for secure housing and are acutely aware of their responsibilities under the program. 

New tenant security scheme that only benefits Suncoast and the tenant - leaves owner paying up at move out. 

Use some for a down payment on your next home.

I've also used some more obscure companies in the seller financing world like Pioneer Title in Idaho (they call in Long Term Escrow Servicing) and Security Escrow in NM (recently purchased by Sunwest Escrow).

$50,000 available for Down Payment