I have enough capitol to buy the property cash, however that would mean me losing out on the fantastic BRRRR strategy and tying up money that I could put into future investments. 2 questions:Is there a version of BRRRR where I could self-finance the buying and renovating, then somehow refinance my money back out of it? 

Read The 7 Levels of Communication by Michael Maher and that will give you great strategies at no cost to work your sphere.

Quick notes about me: I was born and raised in NYC (Queens, Long Island) Current 2-family rental is in Queens Village I work full-time at a growth-stage technology company in NYC on their Strategy team My goals are to get 10 additional doors under my management in the next 3 years. 

I am interested in using the BRRRR strategy but have very little knowledge on what repairs/rehabs cost.  

My thought is I can buy the raw land, and sell it back to the owner of the main parcel, who recently purchased it from a bank as an REO.The property has access to a main road without going through the other parcel, but is currently behind a contiguous fence from the other parcel.Does this strategy make sense, or am I putting myself in a poor position by doing this.

It all depends on your strategy and current needs.  

For example I would consider anything with less than 20' clear height functionally obsolete as industrial buildings are growing in height every year to accommodate new high bay distribution strategies. 24'+ is ideal.

I assume pros would include more consistency in rent despite any vacancy and it would be very expensive for this tenant to move 11 homes, but less control of tenant quality, etc?

I need to come up with a good strategy for tying up this property while managing holding costs & risk (both the risk that market shifts drastically and the risk that I lose the seller)CONTEXT: I'm an investor in Bergen County, NJ - my direct mail turned up an owner who plans to move out of state at the end of the school year (she's a teacher retiring).

My exist strategies are 1.