Real Estate Agents purchasing Govt Properties

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My wife just went thru the real estate course and passed. We wanted to get her licensed so we could get access to the MLS to buy homes to flip. It seems as though however there may be some downsides and potential violations for licensed agents to having a license and buying various REO's to flip. I have to believe its beneficial to have a license and access to MLS if you are going to flip homes. Does anyone have any insight to this dilemma?