I have a hard time being objective about my own things.  

@Thomas Hartman depends what your investing objectives are.

You were very objective.)Good news Will!

The main objective here it to get rid of your tenant as quickly and with as little damage to your property as possible.  

I'm going to throw my 2 cents in here: All things considered, we can go back to the root definition of investing:  invest [in-vest] Examples Word Origin verb (used with object) 1.

I also have friends who are hedge fund managers and I understand just how rigged that game really is.

My objective is fully paid off properties in less than 10 years.

The roof is a toss up as to how many more years you get, but you will not be able to fund enough capex in the early years for these items and still hit your return objectives, in my opinion.

Investors, whether in California or not, are looking for different objectives and each calculates risk and reward in his or her own way.

I have strongly objected to defining NOI as 50% of gross rents.