It is not no underground practice for people have been doing this way before the practice got it's name "Real Estate Wholesaling". 

Over the years of struggling in this business, trying to put deals together, working to earn a commission or an equity profit, I am blessed to have had the ability to be innovated and with creative imagination to invent systems, techniques and concepts that produced short cuts and made my job easier, rewarding and fun.Some things I have used or invented to help myself and associates to relieve the pressures of this business:A business card that people keep and play with and ask me for moreA Indian Head Nickel that has gotten the attention of bankers, prospects and many people who have received it.

She does this EVERY single time since I've been working with her (since 2007).Is this standard practice in Spring/Houston TX?  

Is this a common practice and if so does anyone have a sample contract I could view?

For those of you who don't use turn key properties, have you done it from a distance and how does this play into your ability to work a normal job?

I do this all the time in my practice. 

@Lynn Currie, we are looking to do it for practical reasons upstairs in this house but I would like to have it for solely aesthetics reasons on the first floor. 

As long as you do that (allow them the ability to have them installed, and don't "prohibit" the modification) then you have made a reasonable accommodation and are ok as far as the ADA/fair housing goes.Obviously you really should read the appropriate portion of the act yourself, and if you have any doubts or questions seek appropriate legal counsel.

Practice analyzing properties for rentals and you will soon learn to recognize a good purchase.

No regulatory violations for usury, disclosure, predatory practices (like inflated property values) amongst other ideas are common highlights.