Overall to me, it looks almost a text book BRRRR property. 

The algorithm makes no sense to me. 

If they fall behind you can file a motion to life the stay. had this exact same thing happen to me late last yearI am told that the minute they are late with a payment now, the motion is filed and grantedthey are also required by the court to set up a repayment schedule, and are strictly held to that too. unfortunately, that schedule may be long.

This sounds shady to me. 

I do keep a healthy reserve fund and have the money to replace it, it's more that they haven't made monetary sense to me. 

I will start looking into some meetups close to me and get acquainted with familiar minds.

All the guidelines seem unclear to me.

To me the least risky approach is to find good value add purchases.Good luck

Also if I meet with a seller who calls me from my marketing and they have a perfectly nice home in a great neighborhood  the first thing I tell them is that they can get top dollar from the sale of their home with a realtor, and they most likely don't need to sell to me, because I will have to buy at a price where I can make money on the deal. 

Him and his team specialize in this area and have been a great help to me and my business.