It took me a long time to realize how important a metric ROE is.

I have equity I want to cash out of one of mine because I know the ROE is decreasing and cashing out could allow me to buy more property but I hesitate for the same fears you are expressing.

But he had a meeting with the assistant commissioner, whom he knows, the rejection of our plan was overturned, and approved.

There are plenty of metrics for this, some better than others: ROI, ROE, Cash-on-cash return.

They’re trying to overturn costa-Hawkins, which will allow local governments to put SFH’s and condos under rent control. 

The few that were successful were overturned on appeal.  

Your ROE is negative, cashflow is negative, etc.  

If you plan to sell at some notional optimal ROE point then paying higher rates in trade for less in fees often makes sense.

., When an asset is that underperforming you're only going to marginally improve your ROE with a refinance. 

But the difficulty is that they need to be built one off each from a different approach to be effective - Finance, Sales realization and expense, operation Expense, NOI, ROI, and ROE, and appreciation.I'm going to sound like some kind of mountain dwelling mystical sensei but if you focus on the destination you can see the various paths that get you there.