This will, indeed, restore confidence in the market, offering more purchasing power. 

As a California resident with NY source income, you will need to file a New York non-resident return.Don't forget to calculate the step up in basis from inheritance. 

I'm at a turn in my career where having 100+ units isn't sexy on top of that I like restoring communities by removing blight and offering employment opportunities and strategically in LMI areas that just have a stupid dogmatic mindset by the greater population that it's not an "ideal" area (i.e.

@John DeanJohn, I’ve used both Kilz original oil based (on any surfaces that are real bad/ deteriorating) and then their newer product that is water based called Restorer... most recently (April) I bought a place that had two beautiful dogs that literally never saw the outdoors and after stripping the carpet rolled Restorer on the entire subfloor before throwing down the usual LVP.

New York State loves to take a bite out of you.  

Yes, it may be less desirable to live there, but you'd have to weigh all the factors and pros and cons in reaching a final decision.For example, I live and invest in the Capital Region of New York.

I am a New York based new-ish investor working to expand. 

I own a medical office in Manhattan but have retired. I have been approached through an agent with a possible lease to buy proposal but need guidance in how to negotiate such a transaction. I appreciate anyone with ex...

I would suggest looking at Furnished Finder (https://www.furnishedfinder.com/housing/New-York/New-York) to see what type of MTRs are listed in you area as well as Airbnb and VRBO for 30+ day stays.

I've heard upstate New York, Pennsylvania and parts of Connecticut - I'm not sure how far cities in these areas are from NYC and have no clue what's Class A, B, C or D.