The aids health foundation is sponsoring, to the tune of in excess of $10m, a proposition (prop 33) to over turn Costa Hawkins.  

When deciding whether to hold, sell, or exchange, you’ll want to look at a few key metrics: your current return on equity (ROE), potential returns from reinvesting, and your goals for the property.Given your appreciation and the fact you're considering a 1031 exchange, it might make sense to evaluate if moving that equity into a larger or more profitable property could accelerate your growth.

I have overturned zoning certificates when the seller's agent/attorney said it couldn't be done. 

I call it ROE, return on effort.

If unjust it would not complete or would be overturned, blocked, denied and hence not happen. 

But… your ROE (return on equity) is $12/yr on $25k is 0.048%. 

The difficulty is always going to be whats "most comfortable" for your family and what property will provide the highest return/ROE to help build a life of financial freedom for your family.

When a "hold over" turns into a squatter, hilarity ensues. ;-)

The reasoning, as I remember, was some combination of 1031 exchange, increasing ROE, and leverage.Does anyone have a good resource or explanation summarizing the logic?

I was just surprised the county overturned it without any notification of proceedings.