They could expect to be able to pull out a maximum of 70-80% LTV of the appraised value in its current state.

You don't need extraordinary talent or a super high IQ to pull it off (though I am sure you have both). 

I don't know where your particular property is in Kansas, but small towns are fine IF one of these things is happening:1)  You're close enough to a major city where they're pulling your values up with them. 

My last deal I did in 2017. triplex I bought for 230k, put in 110k, 2 months later I cashout refid at an ARV of 680k . pulled out 220k in cash and its grossing 8200/m. figured I could do the same thing x 4.

We drive for dollars, pull lists of properties and get them skip traced.

@Jay Hinrichs going forward I certainly will pull title day 1.     

At worst, I could just not refinance and just keep pulling money out of the house that way instead.

I was thinking of pulling the trigger and going with that purchase.

That said, Columbus is a stable market with high demand across the board...all supported by any metric you care to consider...it's a challenge to find the perfect deal, but if you are prepared to pull the trigger and broaden your reach by building your relationships and networking something will turn up.

The problem there is that you will be out of money to invest with until you make and save more, or pull equity out of something else.