A realtor friend of mine told me to add an addendum to the contract specifying a move out date with a daily penalty charge for every day she stayed over - this incentivizes a quick move.

You should have well thought out, detailed renovation specs, iron clad documents to protect you from unscrupulous contractors, and hopefully someone you know and trust that is boots on ground that can go check on the project DAILY. 

The connections that I am making and the education that I’m gaining daily is very beneficial.Im now looking into hard money lenders so I can get a jumpstart on my MF journey. 

They will simply charge you a daily lease rate for the home until you close the purchase from them.

As a broker doing all investment real estate and having to deal with other realtors on a daily biases I can tell you that most do not understand it at all.

If you want Daily or Monthly Cash Flow you need to learn how to trade Futures.

I have to check the city site daily to know what is happening with my permit.

Greenville SC Real Estate Investors Group is a really good group on FB that meets up, posts deals daily, and has interactions. 

In my lease, they become holdover tenants and are charged 4x the monthly rent, prorated on a daily basis.

Deep dives with Financial Independence (the Mad Fientist), Journey to Launch (Souffrant), Money for the Rest of Us (Stein), Optimal Daily Finance, Stacking Benjamins, Big Picture Retirement, and Radical Personal Finance (Sheets) all have great information.