I had previously received a quote for hanging walls and drywalling this space that was $7,000 this seems absurd to me.

Letter states December 23, received Jan 3rd

Contact @Dave Van Horn, he manages few of such funds, you don't have to do any work yourself, just invest and start receiving monthly checks.

Connect with me here on BP and I'll gladly make the warm introduction for you.For the record, I receive absolutely NO compensation for making this referral.

If I have 5 MLO’s working under me and I’m receiving a part of their commission, that’s technically a form of passive income because I’m not doing the work.

TLDR: Submit Offers after I receive Comps or submit offer, get accepted then during due diligence phase review comps and other due diligence activities?

If I am understanding you correctly, you are asking if you can receive a "2nd mortgage" on a property for your down payment (or some if it).

I occassionally receive higher than usual rent because tenant pays late (If PM company doesn’t pay me the difference, keep it and just act as if the rent was not late, there is no way for me to tell as an out of state investor).

The city is growing, due to the national coverage it has received over the last few years.

Since you live there, it's easiest to just present the document and have them sign a duplicate saying they received it.