You're correct that the IRS would not reimburse you for any costs of remodeling/improvements. 

Two separate things...the code enforcement violations will actually be an investment in improving your property.Evicting a non-paying tenant will actually be a financially and emotionally rewarding experience for you.  

I find that improvements in paint, kitchens, and bathrooms yield the most bang for my buck. 

Additionally the argument that improved fiscal responsibility is the solution, while it has obvious merits, does nothing to address these points I am touching on or that @Boris Suchkov explained in further detail.

I was thinking about holding out until the 2021 with improved taxes and hopefully some end in sight for Covid.But with the risk of Covid lasting much longer would you suggest take what I can get now even if its for purchase price? 

We've made improvements to the home and it's in a far better condition than when we received it. 

We always have powerful battery operated lights to see the dark areas.

In Los Angeles, women leaders in the field say there have been improvements, and they have started to see more women with seats at the table.

Really worried about the current NY market especially rentals, any prospect that rents would improve some time soon? 

Our goal is to use around 2/3 of that for a rental down payment, and a third for repairs and improvements.