Zachary Perry: Thank you for trying to answer my conundrum. I'm not sure what you are mentioning will work, or I may not be fully understanding how creating an alternative form will help me reduce the white space between the question being asked and the "text box" provided for the answer.
The form that I'm currently working on is already being built using the "custom form layout - HTML." I've adding a screen shot of what my custom form looks like for your reference below. I can include the source code request, as I didn't want to make this reply to much longer than it already is.
When trying to add an alternative form, like you suggested, the field I'm trying to manipulate gave me a notification that the field "is inherited from the original form," which from what I'm gathering is just coping the same functionality as the original field, I want to manipulate, and not giving me anymore freedom to format the question being asked than the original field I created.
Again, not sure how an alternate form is going to help me reduce the white space between the question being asked and the "text box" provided for the answer, but again I may not be fully comprehending your reply.