It’s just the nature of the business.

Natural market cycles are a good thing because it washes out the low performers- seems like this is what is happening?

While I support the free market nature of the housing market, if the government insists on intervening, perhaps allowing landlords and investors to have input might be a good idea.

Are you sludge hammering out the old coal heating systems for modern natural gas Forced air HVAC units?

But depending on the nature of your tenant they may just opt to stop paying rent, walk,  and see if you chase after them - to which the usual answer is: it probably isn't worth it.So what we do is say, "Look - the lease says 2 months -but really we just don't want to be out any rent.  

I would suggest watching some youtube videos, come up with your own variation of someone elses script and practice it until it sounds natural.

For true private money lenders (not hard money), both parties naturally need to be protected but more so the lender since their money is at risk.

With my background as an electrical contractor, flipping seems like a natural choice, however, I'm also interested in BRRRR as I'd like to hold some properties and rent them out.

Just the nature of the business 

I agree with Jay, I want to see the numbers, the experience of the sponsor and how much skin they putting in the game.