If it is deemed doable, you can either request the repair work be done, or quantify a credit amount to be applied to closing. 

For those that use Brandon's Intentional Journaling, or those that journal on their own: can you quantify the difference it has made in your investment business? 

@Rosario Aiello start by defining and quantifying your objectives and criteria.

Cap rates are typically used to quantify returns on physical real estate.You are not offering real estate and thus I would express your profit potential in terms of ROI.Now, it seems there are any questions that come to mind such as do I need to purchase or lease the equipment (routers, etc)?

You should quantify how much more in rent you can stand to make from adding the 3rd bedroom but if it was me, as long as your rent is at least $100 more per month, that's an extra $1,200 per year which is a 12% ROI if your estimate on the cost to convert the garage is actually 10k.

The savings on the commute are hard to quantify, but you said an hour away, so figure 2 hours a day, 5 days a week, 50 weeks a year, at $10/hour (a very low estimate of your out of pocket cost and lost opportunity cost).

Seeing as you are brand new with no reviews, it is hard to quantify this.For example ours has a 1.25% booking rate at the moment, but we are nearly booked solid until end of Sept.

@Greg Heden If the money is from a cash out refinance then you are likely paying higher than a 5% interest rate on the money, so you would be losing money if you just leave it in a MM account.ConC return is not a very good measure of a real estate investment (unless you are investing in class C/D and it sounds like you are not), as you mentioned you will also be getting tax benefits from depreciation and those benefits will be at a high rate because of your tax bracket, so I would try to calculate that and quantify it.

Some things are quantifiable.

Need some help quantifying Appraisal Adjustments and am willing to share my findings with those that respond.