I do #2 and #3 as they apply with a preference for rewiring.This exercise is helpful in developing an understanding of which circuit breakers control what.

How do you go about accurately generating an annualized return % in this situation (I understand IRR is the superior calculation but investors like to know metrics such as equity multiple, annualized return, and IRR)?

Rather than pay off your debts, you could take your initial seed money to invest with a rate of return.The big thing right now is just understanding and ensuring your rate of return on any investment you do with the cash on hand is higher than the interest rate of what you are paying off.

Marlborough I understand, is really looking to add more units and have the city truly prosper so I believe you could achieve this. 

You have to initally spend a lot of hours doing market research and really understand what it is that you are buying.

What I want to understand better, is how many of you got into the game and got your start.

I understand Cleveland has some of the best and biggest hospitals in the nation but after reading statistics from Furnished Finder it seems like the demand of traveling nurses does not reflect the current growth and magnitude of the healthcare industry in the area for whatever reason.

I would add that even though MPLS doesn't have rent control, it has tenant rights ordinances and if you buy an investment property and raise the rent on a current tenant within the first 90 days of ownership, you "may" have to pay them relocation costs due to the increase in rent so be careful to understand MPLS statutes. 

Also judging by your apparent understanding of an LLC, a plaintiff's attorney would make quick work out of you. 

This approach would allow you to preserve capital for potential future investments or unexpected expenses.Property Valuation and Equity: Given the high property valuation in Los Angeles, it's understandable that pulling out equity for another property might be challenging in the short term.