But no, this would still leave competition in place and some folks just can't stand the competition.

With inventory up an impressive 90.1%, buyers have plenty to choose from—making it a terrific time to shop around, consider multiple options, and find the right match without feeling pressured.Sellers, in a competitive market like this, a little patience and an eye-catching presentation are essential.

For fix-and-flip investors, having immediate access to these funds is crucial, especially in a competitive market.By collaborating with an earnest money lending partner, investors can alleviate the financial burden of upfront deposits.

While multi-family is a perfectly good place to start, I would tell you that it is often more competitive than single family homes… maybe just due to there being less of them in general, and being more desirable by investors.  

I’m noticing that rent rates are surprisingly high compared to the somewhat competitive and affordable housing pricing.Single-family homes, some new construction are going for mid 300’s and rent is usually $2500 or higher.

So, your competition aren't just nice new townhomes but any 2 bedroom rentals in nice condition with similar amenities.

That helps with competition, but don't expect discounts - prices are still up 8.3% YoY.

NYC market is very competitive, so I feel like the seller doesn't need to compensate anymore right now to hold me.

It will give you an idea of what your competition might be like, and for those being rented a lot, what amenities seem to be popular that would get the most rentals.

If you're bookings are reduced look at your competition and what amenities are they offering.