Plan it out and let the plan germinate, grow and flower before you submit your letter of resignation.  

We also felt that the realtor  would roadblock us by not submitting offers that in their opinion was, "too low and the bank wouldn't take that" and was attempting to get us to pay for homes that we felt were too high, for their own personal gain on return. 

I have a couple of private investors however their lending ability combined would not meet the down payment requirement.The question I'm submitting to the forum is, how can I structure creative financing for this deal including the down payment?

I agree with Casey & BeAnn, submitting a fake lease is a very bad idea. 

Right now, we have an opportunity to submit a bid on a piece of land that would yield an incredible return if we built on it.

My guess is legislation will be passed either locally or Federally to make it illegal or to put some guidelines on the process To me, a fee should only be charged if credit/background is run and that should only happen after a tenant submits an application and has  been conditionally approved pending credit/background check. 

Ic not, he needs to read them or hire an attorney.Here in FL a contractor not in direct contract with an owner (the PM Might be considered an agent of the owner in TX) must submit a Notice To Owner form to the owner within 45 days of Beginning the work, and file any Mechanics Lien within 90 days of completing the work, along with s Demand letter 10 days prior to filing the lien.

The banks come to the auction, or submit their bids, to the sheriff usually in the amount of what is owed to them. 

Make sure everything and everybody checks out before you submit an offer.

We ended up submitting an LOI, and having it accepted.