I suspect you self manage right ??? 

I suspect there will be legal challenges, an initial lack of enforcement, etc. so that the regulations likely will not be enforced until even later than July 2019. 

We did Identify Cincinnati & Pittsburg as a possibility along with the usual suspects (Austin, Denver, Phoenix...) 

I suspect you are as well.I have investments in the stock market through a broker and via my 401K, so I am not interested in setting the world on fire by becoming the next RE guru, just ensuring that I will not be squeezing every penny I can from my 401K and Social Security when retirement time comes (if SS is even there).  

It sounds like you are in a good position with savings and good control over your spending, but I suspect others are going to find themselves in trouble.

Well I suspect there is going to be a lot of syndicators shoring up reserves right now.. there is absolutely NOTHING wrong with that in my mind..

I suspect even in Cleveland's top areas you can see the same values.What he Bay Area does not have is the super cheap properties like you have in the mid west were you have an over supply of homes.

I suspect that many of the properties are not insured.  

I suspect this problem would reside more in the condo rather than the single family homes.It is also the ability of the buyers (either from personal wealth or highly compensated workers) who want to live in San Francisco that support the appreciating housing market.

Of course, the specific market depends on the outcome, but I would suspect that you can get a value add in that realm and create that pro forma cap rate to 8+, which increases your NOI to $200,000/year and adding to your Net Worth $833,000.