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I know what you're saying about btl, but I am differentiating between council and btl tenants .The right to buy is indeed to daft policy unless the money received from the sale of a council house is used to build new ones.
I'm intrigued in your issue about people not knowing if they will have their current house from one year to the next given your stated aim of being a B2L landlord - you'll be using Shorthold Tenancy Agreements which will mean you gave give fairly short notice on your tenants to get out. The difference between mi idea for council housing and your rentals being that the council will assess needs while you can give any old excuse you like !
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Agree believe it or not.Sounds sensible, but you have to consider a few social aspects.
Proximity to family members for childcare, elderly care etc is often very important to people. Knowing they can be shunted across town, or to another town is not really going to help them here. How do you instil a sense of pride in houses and or neighbourhoods ? There are still huge numbers of council houses that are beautifully cared for, because the tenants take pride in their own homes. Short term tenancy areements risk breaking this bond.