And my #1 issue is I don't see any actions to address this in a meaningful, market specific manner. 

Oil rights, timber rights and the such, the entire point of them is it's NOT intrusive upon the land owners current operation, it takes nothing away from them, it's COMPLIMENTARY, it's in place of them getting the resources out there to do whatever action of extraction it is, and they retain 100% of the land. 

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

That's actually a meaningful silver lining.  

If you purchase a rent ready RE investment this could be 0%, but at the opposite extreme a good brrrr can produce the now elusive infinite return (I have achieved this on most of my RE investments but believe it is very challenging in the current market to bp not be cash negative after the refi to extract the added value.I expect to make an offer this week.  

Looking into my crystal ball - which I still keep in my closet from my previous life on Capitol Hill - neither of these risks have a realistic path to a meaningful economic effect.

I will answer as it relates to traditional BRRRR, in the general case there are additional options.  1) Do not perform maximum cash extract.  

A loan commitment letter carries more weight as it confirms lender approval, signaling a stronger ability to close.Addressing Closing Concerns: A commitment letter meaningfully reduces concerns, especially when paired with proof of equity and a track record of performance, even if on smaller deals.What Brokers Look For: Key factors are a reputable lender, clear terms in the commitment, and evidence of funds for equity and reserves.

I would consider the cost of extracting your equity from the FL property by sale and then compare that to pulling equity by way of a cashout refinance.

Your track record is not sufficient enough to open meaningful financing doors yet.