I think 40% is acceptable, if you're concerned, you can always ask to pay for materials instead. 

You rehab a property with a (hopefully) honest contractor from OOS who will make a considerable markup.The TK uses their own crews and doesn't waste any materials...leftover paint, carpet, etc is going to the next job.Who's getting the better price?

Had the property manager renovate the two bathrooms by almost gutting them and renovating with modern styles and materials.

As in buying the materials needed and putting in some sweat equity.

Maybe they are just trying to pocket money for themselves selling “course training” material.

She cannot negotiate or act as fiduciary - she simply communicates the facts to both parties, which includes material defects, etc.If you want full agency representation, perhaps your broker would split the earned commission with a licensed colleague (her office or another) and have the colleague represent the buyer? 

Grab ever free piece of investor material you can get your hands on. 

My question is, would I be better off trying to paint and prep this house or would it be better to look into vinyl siding or some other siding material to cover over the existing siding.

On the new construction front, there are a lot of build-to-rent deals because of cheap money but many of the power builders for retail buyers are slowing down due to increase in material costs, softening of the market, and lack of quality labor.This is my assessment of the Metro Chicagoland Area.

Beyond that I'm considering doing testimonial videos as promotional material to prep interested customers.