They have changed the property to suit their business, but the did it in a way in which it would be easy to convert it back to normal without much time or expense.   

People looked for master suite and second bathroomDid you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am starting to feel that the market there is better suited for someone looking to stay in the area for a long time and house hack (which is not us) or for someone with deeper pockets who can handle a very large scale renovation on a foreclosure or cheap gut (which unfortunately is also not us at this time) We were looking in the capital region due to family being in the area so at least we can make each trip a dual purpose visit (they would not be helping to maintain or manage the property, we would bring on property management for that) but honestly, the drive up there is longer than the drive to Wilmington and that's very enticing.

If you have instagram, I would also recommend following @Mark Ferguson @ryan dossey and investorgirlbritt as they put out a ton of quality content to learn from.

I originally contacted the owner because I noticed 1 unit went vacant(the back unit) and then a few month later the middle unit followed suit.

Bank asked me to go head and file a law suite. 

However, many experienced lenders will tell you they are not the ones best suited to do so. 

Purchase price: $485,000 Cash invested: $200,000 Two story office building - 4 suites- Cordova is a high income area in a suburb of Memphis, Tennessee.

... etc.The reasons I'm asking those questions is because the word "Analyze" can really mean a lot of things and depending on what it means to you, some calculators (analysis tool) might be more suited than others.I'm of the opinion that when you perform an analysis, you want to get a very complete picture, so that you can also run the "negative" scenarios to fail proof your investment as much as you can, before you pull the trigger.Good Luck. 

Maybe you could provide a couple scenarios that you think would benefit the property -- such as, adding a master suite, removing an unnecessary wall to open up a living room, adding a 1/2 bath to the first floor, etc.I'd imagine for those of us who are relatively new (like me), it's easy for us to just look at numbers and not understand that flipping is as much of an art as it is accounting.