Banks were renting spaces to get business back in the 20s, hence commercial, and they rented to clothing, shaving, and shine boutiques and whoever else wanted to pay for a space.Some banks will treat anything over a single-family home as a type of commercial property as you are technically renting space as commercially defined. 

Go over those things in person when you sign the lease and get agreement from them.When you have been a landlord as long as I have been, you realize that you can write a lot of things on a piece of paper: that does not mean that anyone will follow those directions.

They are filing all the paperwork when you close on the property any way so what's one more piece of paper. 

That is what it is all about.It sounds like your property is quite the income producing piece of real estate with multiple income sources.

I've only heard bits and pieces here and there. 

Can you break off pieces and sell a lot?

When you buy a property, you are not buying a property...you're buying a piece of a market. 

Its very complex with a lot of moving pieces and parts and best under the supervision of someone who has been there / done that. 

I do however completely agree with you that we’ll likely see a cut next month and that there are standard metrics and pieces of data that help us determine where the rate will go.

A developer buys a piece of land and divides it into 7 lots.