Buyer might not notice, but Buyer's home inspector will definitely notice.I bought one of these with a property in 2013.

For the last three years I have been a superintendent for a commercial construction company overseeing 40+ million worth of work.

New construction may be different here than in Ohio. 

Which is the smarter option to take financially in long term, buying a new construction or resale house as a primary residence?

My educational background includes a Bachelor of Business Administration (BBA) in finance, a commercial real estate certificate, and a minor in building construction and project management, with a focus on energy-efficient housing.

Wife is a realtor, hubby is part owner of an industrial construction company.Ideally wed love to get a fix and flip for our first investment.1- what is something you wished you knew before your first flip?

For the last three years I have been a superintendent for a commercial construction company overseeing 40+ million worth of work.

.- Check statute of limitations: Depending on your state, there might be a time limit on claims related to construction defects.As a hard money lender specializing in fix and flip deals, I've seen similar situations arise.

If it's new construction and nicer than anything else in the area I wouldn't even consider putting Section 8 tenants in there.

Another option is you could get a construction/bridge loan.My sense is thebuilder wants money upfront and insurance is saying no - which is typical in commercial deals where contractor does not get paid until work is done - none of this upfront stuff except for some mobilization costs.