(My lawyer indicated no concern with the Title insurance which he procured - but I'm going to follow-up on that with the title company just to be sure.)  

Because now the agent is your procuring cause in the purchase, should you go on to buy that particular house.

They’ve offered 10% commission on any deal I have a part in procuring and no base pay.

Rental services" do not include financial or investment management activities such as:(1) Arranging financing.(2) Procuring property.(3) Studying and reviewing financial statements or reports on operations.(4) Planning, managing, or constructing long-term capital improvements.(5) Hours spent traveling to and from the real estate.Other notes:(1) If an 'enterprise' fails to satisfy the requirements of the Rev Proc, it may still be treated as a 'trade or business' for IRC Sec 199A if it qualifies as an IRC Sec 162 'trade or business'. 

All I had to do was sell this piece of land..Long story short I had 5 different contracts fall apart for a plethora of obscure reasons...I finally procured a ready, willing, and able buyer and then the title issues came into light....3 months later we finally found a attorney who would provide title insurance on the property....It was all worth it in the end..

Derricott also recruited borrower-applicants, procured false supporting documentation for loan applications, and submitted fraudulent loan applications to lenders in exchange for a portion of the fraudulent proceeds.Defendant Sentenced for Role in Mortgage Fraud SchemeOn July 2, 2013, in San Antonio, Texas, Robert Brooks, of Lantana, Texas, was sentenced to 135 months in prison, five years of supervised release and ordered to pay approximately $8.5 million in restitution for his role in a mortgage fraud operation involving a series of “property flip” schemes.

Procuring longer-term money is hardly ever a bad idea IMO though.

How can I put this to work for me to help procure rental property without using all of my cash on hand?

You need to factor in at least 5-10%. also, factor in what your property management will charge for procurement (first month) and lease renewals.

My PM charges me 70% of the first month's rent but 50% goes to the procuring agent.