Obviously there are other criteria the bank uses, but I'm not well-versed enough to know which are weighted more heavily than others.Perhaps some lenders / bankers can offer some advice? 

I've been able to walk through a few properties here but I'm mostly already priced out of my favorite neighborhood.As a result I've been looking at Canaryville, McKinley Park, Pilsen (also pretty heavily priced out of) and Brighton Park for investments.

Residential and commercial can both be financed with commercial loans where the acquiring entity's credit weighs more heavily than the business owner's and the building's income production is a primary factor.

Be cautious and research heavily if this is your first deal. 

I've been heavily investing in RE for 2+ years and I often try to extrapolate the future based on my basic experience.

Heavily leaning towards not even considering them, but want to hear what others do. 

I probably should have kept one of the properties but I didn't want to be too heavily tied to Bay Area real estate.

In our screening we heavily weight credit score in the choice. 

If you bought both heavily leveraged already, you probably need to build some equity first, which could either be from having rehabbed the units, market appreciation, etc, but you need to have adequate reserves as well. 

When I look at properties, I like to add in some appreciation, just to see what that does to my numbers, but that's just making my dream spreadsheet and not what I use to decide if it's a good deal.I'm not there yet, but it seems the bigger guys want to make sure there is enough cash flow to meet their requirements, but they rely heavily on appreciation to create the wealth they are after.