You can cut loose the management company but probably would want to have an audit.You need a good CPA and a good lawyer.

If I found them to be way outside of my range, I cut the small talk and moved on!  

By the time we Close on a property we already know which tenants we wish to keep and which we will cut loose (and when).The advantages of Closing on a full building is you have a revenue stream out of the gate.  

Let's cut their contract rent way below market rate... but only after making them suffer through our inspection!

The way I see it they're still going to want to cut the deal with you as they're getting more than they would if you had an agent.

I remember hearing a podcast, 12 I believe, where a lady stated that she always provides her investor with at least 70% ARV (not sure on the percentage), even if it cut into her profit.

The trick is to use a pair of side cutting pliers to pinch/cut the end so you get a nice small hole.

Has your entrepreneurial edge led you to do any research with certifications, permits, codes, etc revolving around constructing buildings with new materials and methods?

Cutting out the middle man is a great way to expedite the process of submitting offers...

Basically, they are asking you to take a pay cut.