This is a practice by some less than reputable companies.

What is your expertise?

Here are some practical steps and strategies to consider:## Single Family and Small Multifamily HomesWhen looking at single-family and small multifamily homes in northern Illinois and southern Wisconsin, make sure to analyze the local market trends, rental yields, and property appreciation rates.

Curious if this is normal practice or in other management agreements people have signed? 

Some of your requests may fall outside this manager’s standard practices, and customizing services for each client isn’t practical for most PMs.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Also if you are selling, hopefully your agent has advised you but good practice to have a vacant unit to open the buyer pool to owner-occupied buyers/house hackers.

We are contractors with different expertise and want to figure out a way that is fair both to get compensated.

And oh I have heard that about the majority of people not actually practicing. 

It is an advanced technique that requires expertise and being well funded.Also, once someone has received a notice of foreclosure, it shows on his credit report as a foreclosure and you can Not save his credit by buying the house before the auction.