When looking for cash flowing markets.. a lot of investors, including myself, are looking in cities like Cleveland.

And that includes wraps .. wraps done right protect the seller and you.. investigate that avenue.Have to agree with you Jay….good advice as usual  

I've included a link to the HPD website below. 

My main thing is in how little people have explained this concept to me.

There are good selections of rugs that you can wash to place under the bed for warmth if that is your main concern. 

When you're responsible for customizing the layout you can get more creative and find extra space a builder missed out on because they wanted to include some type of flex space or amenity room or it just didn't fit their box.

I'm really interested in hearing directly from professionals in the field: What are main challenges contractors and developers are dealing with on daily basis while building homes?

These often include a preferred return for the investors and then a pre-determined cash flow distribution schedule between the sponsor and investors that includes the cash flow distribution waterfall based on either the IRR or EMx and possibly a GP Promote. 

Yes, I forgot to include that, its a SFH

All of the mechanicals, including permit dates and any identifiers.