Advice on preferred areas (NY/FL) for multi-family rentals

[Montgomery Dennis Yurchison]

I am currently in contract to sell my rental property in NYC and live in Saratoga County, New York and Palm Beach County, Florida.  I am considering a 1031 exchange and therefore considering purchasing multi-family rental property(s) that are local to me in New York (Albany, Troy, Watervliet, Cohoes or Saratoga areas) or Florida (Palm Beach, Fort Lauderdale, etc.) and  I am looking for advice or reference material that will assist me in making an informed decision on pursuing multi-family rental investment property in these areas.