What type of market analysis do they typically do to determine the sales price?

One thing that was not mentioned was that if you end up in a larger property with a commercial mortgage, they're typically 5-10 year loans with 20-30 year amortizations.

The more established contractors typically order their material directly through contractor sales reps, as opposed to making daily trips to Home Depot or Lowes.

That's probably why it's hard to explain how a married couple who's not separated has two primary residences.FHA typically requires a year in the property as your primary then you can get another and move. 

But for these small, "executive office suites", there's not typically any moving of walls or any build-out at all.

That's typical.  

While this deal could possibly be exited early next year, a typical deal timeframe is 8-18 months.

Is it typical around here to do pet rent?

Banks will typically lend from 65% - 80% of the property's value (LTV).

You can charge a deposit - it's not as essential as a standard rental where a tenant can trash the place without your knowledge - but a smaller deposit to cover damage won't scare a room-renter off.