@eric teran I always appreciate getting input from someone who is "doing the work" rather than hypothesis and uninformed perceptions. 

Returns are simply the markets perception of risk.  

It would be inappropriate if a moderator were demeaning a specific political point of view - i.e. if I were to come out and denigrate all conservatives or Republicans - but there's nothing inappropriate about discussing (or even complaining) about perceptions of local/state/federal government policies or actions. 

Not that this is the case, but sounds like perception of the other members.

The problem, if there is one, is the perception that one should get all of your money back out of a property.

You could be below market to the "average" unit in the zip code but if you're in the glide path of the airport with jets are taking off every 5 minutes, the Taco Bell parking lot lights shine right in the windows, freeway exit is two houses away, a busy fire station is nearby with sirens all night long, etc then the price may still be too high.Are there any safety issues that could be helped with lights, cameras, etc?

Despite the siren song of higher profits, you never see people sell the class A/B portfolio and more down in class.2.

The only indicator of how the financial information was used, was to generate a pricing quote -- and the perception of that is depending on you have little or much you have, you pay more, or less (I could be wrong here, but that's the perception). 

I personally have certain amounts I act on so then tenant doesn't get the perception I am nickel 'n dime-ing them every month.

When your having your doubts just keep pushing toward your goals and doors will open up as your mindset and perception changes.