Here are my responses to your questions1) Not my area of expertise, but the numbers on this are very strong2) I'd generally lean towards building the CFM, but strategically selling some properties when someone gives you a offer you can't refuse.3) Most HMLs would lend you 75%-85% of your purchases prices plus up to 100% of the rehab costs (though some HMLs like to see the rehab costs at or below the purchase price).

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!

Multiple offers situations are the rare exception, not the norm.

It sounds like the Seller does not want to commit until he knows the deal will go through, and until that time, he wants to be able to entertain other offers. 

It's hard to say offer amount without knowing the rehab part since that could blow this out the water.  

So, not really passive.Investing in rReal estate offers a lot more control than investing in stocks, but it also requires an investment of time to do well.

They sound very knowledgeable and I am interested in jumping into the customized course they offer. 

When I asked my agent about options to back out, he didn’t really offer any advice.

Then offer the creditor a percentage of this amount as settlement in full.  

Offer discounts for applying in a short time period or- offer a free application fee.