The real reasoning behind the anonymity is two-fold.

If you talk firm, but fold its not good for anyone.

I suppose if you were looking to abscond with the money of your friends, you could create an LLC, pay yourself an exorbitant salary and then fold up the tent when the investor funds run out ;)  Since you probably don't want to do that, just put together a good agreement that protects everyone.

Do you put them in envelopes or just fold the letter and send?

Once everything is done you can print, fold, and stamp.

I have found that the key to getting a LOMA from FEMA is 2 fold. 1) you have to know the Base Flood Elevation (BFE) for your property.

Had a neighbor that bought land in his younger years and said it was best physical investment shared stories of his property value increased several fold and how he would make thousands of dollars by allowing forestry company's to log his property."

The issue that comes up for me is three-fold.

I'm looking to purchase a home in Seattle and am wondering if I purchase a property, how likely or what are the possibilities to fold the cost to renovate or work on the home, and fold that amount into a mortgage?

The market has increased nearly 2 fold since purchased.