I can go higher, but I'm trying to enter the property with equity and do a BRRRR.  

Or asked this way...will I have any legal issues if I went and borrowed UNSECURED funds from 4-6 people and tossed that money in my operating account to use as down payment and rehab funds for a BRRRR deal for example?

Actually a lot of the info you'd get from an operating statement (gross rent, expenses, NOI, etc.) is available on many listing websites like Redfin and realtor.com, albeit not as up to date as the MLS and not always accurate but that goes for all data provided by listings.Regarding MLS access: it is protected carefully with various methods such as keystroke tracking, IP address, simultaneous login etc. and agents can get in a lot of trouble for sharing their login info, which is good because within the massive database is a lot of private info that can be dangerous in the wrong hands like lockbox and security system codes.

I can go higher, but I'm trying to enter the property with equity and do a BRRRR.  

Yes, to be more clear, I want to get the equity out of a rental property, in order to start using the BRRRR method to accumulate properties faster.  

This is where people go wrong, thinking I can just do BRRRR and keep doing this.

I want to BRRRR with SFRs.

There are too many bad investors who waste the time of a Realtor by asking him or her to submit low-ball offers in the hopes that the "Spray & Pray" method of buying will work.

In other words, look at this like a slow BRRRR - you want to be able to recoup most of your upgrades from a refi down the road, even if it takes a few years.

(These numbers are the state's calculated projections.)It seems that, based on so many examples of Biggerpocket investors, if done correctly, I could come out ahead using something like the BRRR method and eventually be able to pull out my initial $49,000 and then repeat with another deal.