I was a Peoria Police Officer for 13 years, my last 3 as a violent crimes detective.

Commercial - I'm thinking retail, office, or larger multis- More risk since there is a higher cost of acquisition and dollar amount needed to get started.

The property and the bank were both down the street from his office.

Search your county "parcel search", should be on your county's assessor's office website

Class A & B office leases are structured with a 95% occupancy gross up provision which allows the LL to pass through variable costs to the Tenant as if the project is 95% occupied. 

This is the type of grey area that even the most skilled loan officers will struggle to get you an answer.  

Additional info: I’m a W-2 worker , and law school student, free time is not something I have in abundance.

Is there a lot of construction/construction workers in the areaAre you near educational institutions?

It has a bonus room that would be pretty easy to add a wall and door to make a 4th bedroom or office. 

NOTICE OF CONDOMINIUM ASSOCIATION LIEN FORECLOSURE SALE WHEREAS, default has been made in the terms and conditions of the Declaration for Prairie Bend Condominiums (henceforth the Declaration) dated May 31, 1995 and recorded in the Office of the County Recorder in and for Scott County, Minnesota on May 31, 1995 as Document No. 353122 as amended by Doc.