Quantifying demand in a market for a particular type of real estate is rather straightforward when compared to tech startup type products.

The rules of inflation taught in every business school on earth, in every econ-class to understand and quantify inflation, well the U.S> gov decided there not going to use any of that because it will look bad politically if they didn't. 

What are the quantifiers you need to hit to have a "successful" property.

The  out of state buyer is coming to the table with $200k to leverage against the locals. https://www.kvue.com/article/m...

To quantify my experience, I have bought-sold over a dozen homes in Northern California and currently live in Northern NJ. 

We are looking to quantify time/energy/value and money for legal research, routine maintenance and management, routine repair management, emergency maintenance and repairs, tenant placement, tenant turnover- getting the place rent ready, tenant turnover- security deposits & changing locks & copying keys, etc.My ultimate goal is to figure out where I'm wasting my time and energy that could be put to better use.

Now yes, as it has not been passed into actionable law just yet it "could" be changed, but let's look at the facts to quantify the odd's of such.

Sometimes its hard to quantify, but usually the return on kitchen and baths is higher than the investment (with many caveats). 

Over the years, I've developed my own "deal calculator" that helps create quantifiable metrics of whether a house in which I want to invest will be worth it.

Start with an actionable, quantifiable plan first, and execute.