The government has lobbied huge fines and taken action against many "contract flippers". 

Government bailout?

@Andrew Postell Just to clarify since it’d be a considered a loss of money in the governments eye the cash flow then wouldn’t be taxed?

If so just make sure they’re FDIC insured so your $$ is protected by the government (up to $250k). 

By the way, yes I will try to get a real estate agent license to be more credible.

FYI; what most people don't realize is during the 1970s and 80s Oklahoma city  had the opportunity to become the central hub for the USA. due to politics and governing authorities and airports they refused that opportunity, therefore DFW became that central hub!!

The property in looking to purchase is government owned and was utilized by the USDA's rural development program.

When I try to download the data I get a notification from RealQuestPro: "South Carolina law prohibits the use of personal information obtained from government agencies for commercial solicitation.

Depending on your income you might also qualify for help with your down payment from the federal government and you can borrow against your RRSPs (but you have to pay them back within a set time to avoid tax implications).  

The government is 23 trillion in debt, and it's headed one direction...up.