There is NO WAY someone as apparently wealthy, smart and likeable as the OP would not have known he was moving into an ashtray with walls,  pre-primed and painted.With all your paid for property, millions and swag, why are you living in squall I wonder? 

The tenants moving in are wealthy and have expensive taste.

It is kind of like a diet but once you start losing the weight and start seeing results, you start to really buy in.

The party students (as I’m told by several who have lived here for several years and are in the know) and those with wealthy parents flock to the apartments offering all the upscale amenities.

Sometimes I don’t think people realize how much wealth is in the Peninsula.

I spent $100,000 to buy a storage facility that grosses almost $10,000 a month.You're essentially betting on appreciation when the market is likely at or near it's peak, in a state that is losing businesses and a large number of upper-middle-class and wealthy people.

You should be able to avoid many mistakes typical 20-something newbies make in their rush to get wealthy in 3 years.3) Do investment with timelines. 

But I know a lot a lot of wealthy people.

Don't buy in a very rough area, but don't buy in an uber wealthy area either.  

The uber wealthy do that.