The income amounts look to be long-term rental (which they are and came in 30% lower than what the STR average did) and 2. why did the appraiser look at homes 20 miles away to compare to when there are PLENTY of rentals in town...

However, there may be a commonly expected way of handling it in your area.

It likely is out of date as to cost as this info is quite old (my guess is 5 years but it could be longer):- Rent Recovery Service: offers flat fee service starting at $20. 3 letters start at $30.

I wasn’t trying to be long winded, with too much detail, in my initial post but I actually did this method on a fix and flip.

Not incredible, but fine.An out of state flip or flipping business, handled completely remotely? 

Quote from @Jaycee Greene: @Basit Siddiqi How about I suggest 5a: Do what 5) says but add to it, "hire a Fractional CFO to handle most of this"?

This probably does belong in the classifieds section

This attorney should handle creation of your PPM and state filing requirements, but they do not handle the PSA or closing. 

-How are arrears handled, how do you ensure once arrears are caught up that seller doesn't walk on you. - Can you do subto with a lein on property.

The rule of thumb is, if you can't handle the potential call from the lender, don't do the deal.