All you have seen is market up movement since you started investing.

This is doubly obvious when you compare the price of homes in areas where STR's are allowed versus zones in the same location that STR's aren't. 

Cash-out refi rates are a little higher, but do the math on how much more your monthly payment with the higher interest rate would be compared to how much capital you will be able to take out and put into another deal.

Do you want to know whether you're in a "good" investment now (as compared to something else), or where you currently are on the return (unrealized) of your initial investment?  

(For example, I had rented in 8 different areas of Orlando for 8 years in a row, so I tend to have a better grasp on the numbers there lol) On the other hand, I also know that Florida's multi family prices, and market in general, compared to cities like Albany, Rochester, or Buffalo are substantially higher.

If the project is complete, please include final costs compared to the quote.

Alaska's appreciation and rents are low compared to many areas you could choose.  

The way I'd establish a ranking would be to look on the muni website, compare price per sq/ft, compare condition of buildings, look at neighborhood density, compare days on market, etc.

Review the results and compare based on monthly cashflow, CoC return and IRR. 

@Aaron Mayo Aron Have you had a chance to compare rates/fee's with another bank/lender.