I’m looking at a 3/2 or 2/2 potential MTR / STR in East Hill, those unfamiliar with the area it’s  about 10 min or less from downtown. 

This would allow you to indefinitely defer all of the tax if you sold, and use the tax you would have had to pay, to purchase something nicer in an area with a greater growth potential.   

Some builders risk policies don't provide for live in.

Quote from @Paul Lucenti: Creative methods tend to increase risk.

So I would like to get these things hashed out well beforehand as something to present to potential clients and have procedures for my company.

And any risk of messing up due to ignorance. 

Hey Everyone,I have a potential investor I've been working with that is planning to use investors edge for their loan.

I don't see anything wrong with that approach but there isn’t a complete alignment of interest (the individual who wants to take over all construction services will want to focus on the projects with the greatest construction fee earning potential; the brokers will want to pursue more for-sale projects etc.).

Quality and risk in Cleveland and Akron neighborhoods will vary widely.

The truth is, fix-and-flip investing is an incredibly rewarding endeavor, but fully lined up with pitfalls that can easily turn your dream deal into a financial disaster.So, let's break it down:The Good: Why Fix and Flip Can be a GoldmineHigh Profit Potential: If done correctly, flipping can yield 20-50% returns-or more-in a few months.