There is almost no difference between what you have in the Suburbs and what you have here in Ditmas Park Brooklyn and yet you are only 30 minutes away from the middle of Manhattan if you need to go there.Downtown areas will have a higher population of younger people, most of them single or couples who did not start their families yet.Eventually the 55 Million Tourists will return to NYC.

I could also see lower- and middle-income buyers in a lot of markets getting frustrated at high prices, so it's hard to predict. 

Their counter proposal met me somewhere in the middle in terms of price (still about a $20k gap), and removed the contingency.

My gut tells me to politely decline the offer but I know to persuade my husband of it I would need more logical explanation.I like your referral to the adage on how it is better to have no tenant than a bad tenant and plan to quote you ;) If he just really likes those tenants for whatever reason, you can comprimise in the middle and put them on a month to month lease and terminate it if they are a pain.   

Otherwise, you'll be like a boot 2LT with a bunch of recruits in the middle of a firefight.  

So we met in the middle How did you finance this deal?

There are also a ton of investors that were banking on refinancing, taking a HELOC, or in the middle of a HML that are in trouble. 

I have several realtor friends but this is kind of a high-end property and I don't want to be taken money out of the middle to pay them.

Syndications (with the right and proven syndicator) is another great avenue for you.The real question is, what type of investor do you want to be in RE, passive, active, or somewhere in the middle?

And along with what @David Ivy shared, the May numbers are also looking strong.