The exit strategy would be refinancing into a 30 year fixed rate asset based loan once the property is stable.

Pretty stable. 

Depends....where is the closest, accessible, stable ground approx 30’ x 40 from the structure.....how high, how much does the spa weigh?

Columbus is a strong market that definitely has a stable backbone.

If you hired $600 CPAs, you were not choosing from the top shelf  ;)

I performed a 1031 exchange from a duplex that I performed a BRRRR on in 2017 and repositioned that money into a more stable, appreciating asset.

I performed a 1031 exchange from a duplex that I performed a BRRRR on in 2017 and repositioned that money into a more stable, appreciating asset.

These are the questions you need to answer otherwise I'd SELL this "charming updated ranch style starter home $300K"... and park that money in something stable and boring. 

In fact, you could probably do better than that in midwest markets with 8+ unit apartment buildings, but of course the catch there is that they will not be in A neighborhoods or may appreciate a fraction of what LA likely will.3) If you're $500K income is relatively stable, I don't see how another property will be stretching you thin.

In addition, KC is a stable and group economy.