Then I got on bigger pockets and learned about BRRRR and thought this could be a great opportunity to refinance to get to the next one.What say ye, experts of biggerpockets?

This is why I always laugh when I see guys with fifteen posts here on Bigger Pockets confidently tell the community that they KNOW that a particular property is undervalued, usually by a huge amount.

I have a few friends out here in Oregon who have large patches of land normally 2-5 acres I'm not sure if it's high or not, not my ball game but they are getting roughly 10% of profit but bear in mind that's water rights which in Oregon you must have for large scale grow.

But that is alot of money out of pocket on my behalf.

We're keeping LTV low, taking more term on our debt than we anticipate needing, and have a plan that focuses on bringing the old leases more in line with the current average rates.We also run Downside scenarios to see what the numbers look like if we're wrong about room to increase or (worse) the market changes and results in vacancy going up and rates going down.Those are not pretty of course, but a large part of winning is being able to stay in the game.

Besides, I'm not the one paying back the loan, my tenants are...Hope to level-up to the unsecured loan one day... and, I'm in this RE game for life, so I'll get there. 

What does the bigger pockets community think? 

Hi Bigger Pocket-ers!

BP has been game changer with opening me to lanes of investing I never even would have thought of and the different ways to live financially free.

You mentioned the Baltimore market and you knowing it very well so you should know what areas and certain pockets of the city are rental areas, flipping areas and some areas that are both.