Normal for Property Manager to Hold Rent till the next month?

[Craig Mitchelldyer]

I have 6 rentals in 5 states. Each one is managed. 5 of them collect rent on the first, and pay it back me by the 10th or 15th of the same month. 1 of them collects rent on the first, but holds it until the 10th or 15th of the NEXT month (example, March 1st rent paid to owner April 10-15), saying that they need to hold it for any expenses that come up during that month. That seems so completely wrong to me, but is that normal in certain places? This particular rental is in Arkansas. Does anyone else do this?