It seems like there could be a conflict of interest (e.g. the agency's investment arm finds the best deals/properties for themselves and pushes properties onto clients that their investment arm has already passed on).Is this an issue or is there something I'm missing that makes the conflict of interest uncommon?

This surprisingly is not uncommon.

Although $2,000 monthly rents are unlikely, a 0.8% monthly rent-to-price ratio would not be uncommon.

If this is an office building adjacent to a large hospital campus, even better, as it is very uncommon for hospitals to close down, so you will likely have strong long-term demand.Given the occupancy, you don't have any real upside beyond rent growth over time.  

Hi Griffin, It is not uncommon for hard money lenders to finance 90% of the purchase price and 100% of the rehab cost on a 6-12 month term, and then they'd be able to assist with long-term funding for the property once it has been rented.

It’s not uncommon for the bid to be zero percent, the tax lien buyer making his money on obtaining the property and selling it if there’s no redemption. 

It's uncommon to pay STR cleaners by the hour.

@Conrad Meier, this is not uncommon with a tax sale property. 

It is not uncommon that a mortgage contain a provision providing that in order to transfer any interest in the property, (including to a real estate holding LLC) the bank must consent.

Many companies will do notes or bonds that are unsecured debt against company as they don’t want to pin it to every asset which is not uncommon - but when they take on additional debt that is secured and/or start to incur massive losses that’s when it gets hairy.