I was thinking ROE (Return on Equity) is a better measure of how your trapped equity is performing. 

The reason why is because your return on equity (ROE) decreases with each passing month.

The low-hanging fruit is gone, but if you're willing to work hard by getting off the beaten path and overturning a lot of rocks, you can be quite successful.And there are several resources - quite a few folks here on Bigger Pockets and the many specific BP posts and forums from those knowledgeable Investors & Owners, your State Self Storage Association, podcasts, You Tube Videos, and some of us even have written books and/or have meetings and trainings too.In other words, there's quite a bit at your disposal. 

Well I can certainly understand how you missed it, since I only mentioned it about 5 times (as well multiple times by multiple others in this thread).Its exceedingly simple and if you had done any real research it would have jumped off the page and slapped you right in the face.The primary members of the group floating this proposal are the very same coalition that have been attempting to over turn IN TOTALS Prop 13 for many years, but have as to date failed miserably in their efforts to destroy it for all.So now they have reverted to some of the most despicable divide and conquer tactics of class warfare by nakedly and shamelessly pandering to people's envy of those they perceive to have more than they do.

That adds to the profityou don't have to spend money to get the property ready to sell when you sell itif you hold on to a rental long enough, you need to put money in to it to sell itthe ROE (return on equity) goes down over time and it would be more profitable to take profits and trade up if you can continue to buy properties under market value rather than keep the money in the same property for too long.

You need to put the right number of units on the right line.You can also do a FOIA request for the water records, if that shows more units you can get it overturned. 

So if ROE is an issue, you may want to look someplace else.

Honestly, have you run the cash on cash (COC) and return on equity (ROE). 

The Return on Equity (ROE) has gone from really great to what I consider normal over the last 10 years as values have skyrocketed, rent hasn't kept up at the same pace, and loans have been paid down.  

This is a residential loan and I believe they will look at comps vs the cap rate, NOI or ROE or some other metric.