I'm looking at purchasing a small retail/office space between Lansing and Grand Rapids, Michigan.  

I.am asking for quality help and advice maybe a voach.I have 300 to 340 grand of true equity (Remodel on a property nearly complete).

If I factor in additional $5,000 in upgrades it still hits a 30%+ CoC return....It certainly is not a grand slam, but for the extremely low barrier of entry, it seems like a solid base hit. 

I own Ko Cafe (722 Grand St @kocafejc), a coffee shop in Bergen Lafayette and we're always having conversations with owners, investors and the like on how neighborhoods are evolving!

There is also Metro North train station in Poughkeepsie to Grand Central NYC. 

I currently own investment properties in Grand Rapids, Kalamazoo, and Metro Detroit.

(Grandchildren,great grand, etc) What would the process be to purchase this property?

One alone would have cost me close to a grand to fix so it was worth it.I rolled the cost of the warranty into the rent amount and passed the "call out fee" on to the tenants.

Line drive base hots not strikeouts swinging for the grand slam. 

Based on thepresumed percentages - I'd be liable for cap gains on $49K plus 43.5% of the total depreciation on the 30673 or 13342.75 @ 25% which is 3335.69, or a total of 7350 (@15%) plus $3335.69 or grand total of $10686 taxes.I need to keep reading this over to better understand it.