I know there are many variables that might prevent a true constructive feedback but I was hoping to get some insights and guidance from this platform. 

When title transfers, the lender has the right to require that the loan be paid off entirely.

. $30k can turn into $8k or 0 really fast - whether that is due to unexpected costs - especially on an 1875 vintage home - or your ARV estimate being off.

Value add could be as simple as buying a house with 5 acres and lotting off some of the acres.3.  

Cash out refi than Selling: I have a rental property I owe 60k, appraised 220k, I can get 168k cash out and pay off the 60k to have 108k in cash… now if I turn around and sell for 240k.

@Chuck WardI think what you're saying is, why wouldn't you use a HELOC to pay for a BRRRR - purchase and rehab - and then just use the rent from the BRRRR to pay off the HELOC?

I am 99% confident that the loan was not fully paid off. 

Your post points at is the benefit of getting deals off market.

Just looking to see if this is the expectation nowadays or am I way off on having RentRedi handle this for me. 

So yea getting a couple of those properties off there hands would be ideal.