Invitation Homes(INVH) Is pretty much free money right now

Single family home REITS dropped by 5-10% across the board today after Trump made a comment about how institutional investors such as private equity shouldn't be allowed to buy existing Single family homes. INVH, in particular, is down 9%. Here's why this drop is an opportunity: 1. This hypothetical law, which Trump will need to convince congress to pass, would not even apply to Invitation homes, because they do not buy existing homes, they build new ones to rent out. But they got caught in the sell off and are down 9%. 2. If anything, this law puts Invitation homes at an advantage; competitors such as private equity firms can no longer buy existing homes to rent out. This limits the supply of single family homes available for rent, pushing rents up on their existing homes. On top of this, INVH can continue to build new homes to rent, at better margins now that rents are higher. 3. INVH is trading at an estimated 30-40% discount to the underlying value of its homes minus debts. So even in the extreme case where INVH is required to divest its holdings over a multi-year period, shareholders come out ahead. 4. If Institutional investors want exposure to single family homes, they won't be able to buy them directly anymore. As a result, there would be increased demand for existing REITs that already own properties. This would act as a technical factor favoring INVH.