The only issue we had with our last build (outside the normal issues associated with rehabs) was delayed time.

., but have yet to have someone tell me what is the difference between it being tokenized and investing in say a REIT that issues shares through their transfer agent? 

We’ve noticed water seeping issues through the shower tiles, causing damage to the sheetrock in our only bathroom on main floor.

They want to buy the home from me but are running into issues with debt to income ratio, so not eligible for FHA. 

The list goes on and on.Some of the above is true for cash but the biggest issue is not being able to invest the cash into another investment.

Houses there twice expensive that in Detroit and I can afford them, but the risk to buy poorly fixed flipper is seems too high(I've seen couple of bad flipped houses for sale, that had some issues with permits after fixes).Cleveland seems similar to Detroit.

Its matter of time.Some links in this other thread.Turnkey Company via SDIRA Wealth (biggerpockets.com)

There will always be listings for death, divorce and health issues.

Do you have some link to articles or something that your looking at that you are willing to share? 

Also, since this will be a rental property make sure you get your rental license issued right away.