First of all, I know this is a hack job, and that's okay. I'm not proud of the paint job either, but I'm usually not. I cobbled together something I need, and I won't know if it works or not until I finish my AR upper build. I think I figured out where and how to mount my red dot - on the upper right of the handguard. If this works I'll be able to mount the red dot in the same plane as my backup sights and not have it blocking my view of them, unlike with the with the 45 degree offset mount I bought. I was looking online for red dot mounts using an Aimpoint Micro footprint. Either one that mounts to the scope tube, or an offset Picatinny mount. I want to be able to see the red dot between the scope turrets when I cant the rifle. The mounts I was able to find were mostly in the $150-$200 range.

I think I came up with a cheaper solution, and I don't have to wait around for an expensive mount that's not in stock. I had a 5-slot M-LOK Pic rail and an 8-slot M-LOK Pic rail that it looks like I wouldn't be using for anything. So I made a piggyback riser out of them.
I drilled a hole through the center slot of the small rail, and through the center bar of the big rail. I threaded the hole in the small rail 1/4" NC, and re-threaded a bolt to fit it. I drilled the hole a little bigger in the other rail. After I made sure it was going to work, I drilled the screw holes in the small rail big enough for the screws to drop through to the big rail. I glued it all together with JB Qwik and let it set up. Then I cut off both ends of the bolt and filed the top of it down to clear the center slot. I filed the the bottom of the bolt flush with the rail, and filed in between the M-LOK lugs. I drilled out the screw holes that were full of epoxy, and drilled the top holes 1/64" larger. Then I used a large rat-tail file to file the excess epoxy off between the rails. It was still a little gummy and I couldn't get a smooth finish. It's full of aluminum flakes too and looked bad. After I was done with all the filing, I spray painted it a few times. I didn't see the little booger on the rail, circled in the first pic, until after I took the pictures. So I flicked it off, since that seemed like the appropriate way to get rid of a booger.

I've been working on several things on different guns and doing this too, so it's taking longer than I thought it would to finish my AR upper. If this works, I can mount the SIG Romeo-MSR without using any additional mounts or risers, just a low Pic rail mount screwed to the red dot. When I flip up the backup sights, I should be able to look right through the red dot to use them. That way I'll have a 3-9X scope for longer ranges, a red dot for shorter ranges, and irons as a backup.
I don't remember how much I paid for the 5-slot rail, but the 8-slot rail came with the handguard. So, this custom rail-mount/riser isn't free but it's only a fraction of the cost of the mounts I was shopping for. And it's rock solid.