It's starting and doing it wrong and failing because I should have known.  

., the disclosures were totally wrong, they marked "YES" rather than "NO"throughout. 

Please don't get me wrong every job I'm working I am passionate about & if I had "IT-$$" I would continue to do those jobs in some compasity.

All kinds of issues...electrical outlets ungrounded, plumbing issues, flooring issues, a deck that was built wrong, a new master bath that didn't make any sense with a shower door hung wrong, a shower pan that had been nailed through, roof repairs made with 3/8" plywood, roof leak "fixed" by caulking the shingles.....new vent boot that wasn't nailed or seal, bath fan this venting into the ceiling....an unreal list.  

My purchase price kept coming up wrong in report.

If he can't compete, then he's in the wrong business.

All you have to do is sign an indemnity agreement, if something goes wrong with the flip, they could go after your corp AND your personal assets.

I am not saying you are wrong but you haven't given a reason why this is so.

Option 1: Purchase the most house for my money in order to have the most possible equity when the market goes back up and either flip or rent the place using the profit or equity in order to get into a new place (I am somewhat versed in the regulations around using rental income toward purchasing another property and my understanding is that I could count half of the monthly rental price toward my income while the principal of the property still counts toward my debt services ratio) please correct me if I am wrong.

If they were, then they would donate their fees/profits every time.But that wasn't the issue I was addressing nor do I think there's anything wrong with people making money AND helping out the seller.