Or would it be necessary for me to push the bank to move faster to close before the end of the month so it enables ME to collect August's rents?

This doesn't cost anything extra, but it adds another layer of protection for you under their policy (only for liability coverage) and it enables you to track the policy.

There’s a spread of sources on the market, and as long as you have got a good and reliable set up, you may be able to procure capital.

Not only does that software already exist for free, it enables the tenant to show you the problem in real time.

The name of the game is getting the numbers to work and I can't see an investor(especially here in the USA) signing off on an exclusive agent agreement where they'd shell out $20K whether the agent is the procurer or not, at least not for any residential transactions.  

If necessary, I will also put together rough floor plans with notes & floor plan changes to help visualize the project.On my detailed scope of work, I will provide a list of the materials that are CFCI or OFCI (Contractor-Furnished, Contractor Installed or Owner Furnished Contractor Installed)...By limiting the contractors proposal to rough materials & labor, this gives me ample time to finalize the finish selections on the project.Once the finishes are selected I will make a bulk delivery from Lowes/Home Depot to have all or most of the materials on-site (sitting in the garage), ready to be installed by the contractor.Here are my thoughts on advantages / disadvantages of OFCI Finish Materials, & I would love to hear everyone's thoughts:Advantages of OFCI Finish MaterialsOwner takes risk on materials - cost, procurement, scheduling & delivery is Owner's responsibilityContractor has less estimating risk - Contractor eliminates the quantity survey, & material estimating from his scope...Less estimating = Less RiskContractor spends less time estimating - Contractor saves time estimating the project because he doesn't have to look up SKU#s and prices for all of the OFCI finish materialsMinimize material changes & material change orders - Owner can make material changes/fixture changes without hassling the contractor & requiring a change orderSaves Project Management Time - Owner spends his time procuring, purchasing & delivering materials to the job site, so the contractor doesn't have to...Owner can save money on the materials - During the planning period, the Owner can shop around, find coupons/deals to save money on materials...The Owner may also save on contractor markupOwner can build business credit & Southwest Airlines points by purchasing materials :)Disadvantages of OFCI Finish MaterialsOwner is responsible for procurement/scheduling - If the owner doesn't purchase the finish materials according to the schedule or doesn't purchase enough material, the project can be delayed, costing the Contractor time & moneyContractor loses out on extra markup on materials - Contractor will lose out on material mark-up...On the last point, Contractor Loses out on Material Markup - The contractor doesn't need the Owner's finish material cost to markup their bid...If the project has $10,000 worth of OFCI materials & the contractor typically marks up material 15%, then that's an extra $1,500 worth of material markup...What's preventing you from just bumping your labor estimate by $1,500?

I am worried though about my novice ability to find and procure a multiplex house hack for my first home that will cash flow nicely.

It's an awesome area.I keep asking myself "how can I?"Ten

Hire a realtor to procure your tenant.

Is this happening in the duplex that you have or have you procured more properties since you filled out your profile?