i agree with you, I would remove them before cement boarding.it would give you a chance to see the real condition of the existing sub-floor for one, and it would raise the new floor slighter higher than it would need to be if the old material was left there.  

The difference in cost between the two materials is $1,200. thanks.

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.