If you lose your job and tenants move out, in a worst case scenario you can declare bankruptcy and wipe out the house debt, you cannot wipe out the student loans if they were government insured.

I found out the owner was some kind of bank/government financing agency, and that the house was a REO.

Since it is impossible to know until the future it lacks some credibility in the case of renting.  

Even the local government in Seattle built a village of tiny homes to combat homelessness.

Yeah, but it isn't going to be at the advertised government subsidized interest rate.

Inflation seems to be cooked into the books by our government from the amount of spending that goes on.

There is a sales tax, but the brunt of paying for the government comes on the shoulders of Texas property owners.If it's your own personal home, you're protected from assessed increases of more than 10%.

Since I am a Canadian I don't believe I could get my contractor's license, and if the deal is right I would be happy to pay a penalty and still flip the property.If anyone has contact info to speak to government branch or name of the branch that looks after this please let me know.

I asked them why they never respond to my calls and emails about the section 8 people dealing drugs out of the house across the street, with dozens of people living there (every neighbor hates them) but they have time to troll the internet looking for landlords to sign up....Pathetic joke, our government...

Best case scenario try to use a licensed GC this will give you more credibility when showing potential buyers and agents.