Probably your best bet is the KC Star although some of their articles are paywalled.

If the cash-out refi provides liquidity and good terms, it could be worth taking, but make sure it doesn't interfere with your construction funds.I can help you assess both options and see if we can offer a more favorable solution.

I also recommend, If they are not looking for another full time job, to consider New Construction.  

I bet you did not have that one in your bingo card...

It’s a great chance to invest in new construction that’s leased and fully managed from day one.

As far as investing with as little capital as possible, house hacking is going to be your absolute best bet.

We’re aware of what Plymouth looks like on the construction costs.

Attempting to absorb as much as I can to eventually buy my first house-hack by the end of the year.I would really appreciate some advice on the following topics:- Finding a good loan officer- Finding a good realtor - Any local networking events- General advice on where to start- SF is primarily old constructions (a lot under 1920s).

I don't build new homes with builders, but I believe construction costs are high and time frames long based on my remodel experience. 

Currently, I'm focused on selling new construction duplexes in downtown Indianapolis, which offer great potential for long-term investment.While I'm still relatively new to the industry, I've found that consistency and reliability often trump the allure of high-risk, high-reward strategies.