While it's not technically commercial, (at least not from a lending perspective since its <5 units), I get the sense it's being treated that way by the broker.

My tip is to treat it like a business from the start.

After removal of the drywall and floor coverings the wood structure and framing would be treated with a surface applied water-based encapsulating sealer to help prevent the release of any odors that have penetrated into the wood components.

I treated my MBA like any other investment.

Most Agents struggle because they do not treat it like a job; it is a job, if you work hard, prepare and organize you will succeed!!!  

. #1: look at your financing : you could (could) get a better deal if you are doing "all cash" or "hard money" as its often treated as cash bc of the speed you can close in. 

They treat you like a person and not just another number.

2) Can I treat the land as separate from the building when determining income?

I was wondering if you normally treat fire ants when you crew mows the lawn.

Treating the symptoms rather than the problem.I would pass on this one.