We just purchased a small ranch (46 Acres) in Texas with the intent of dividing and re-selling.  

You actually wont be able to borrow money in the states until you're 18, but past the age, the first thing a lender is going to look at is ability and intent to repay and, while $11.50 and $4,700 saved is impressive at 17, its not going to give a banker warm and fuzzies about loaning you $100k.  

What are your intentions with the property once you buy it? 

Fast forward a couple weeks the trailer is now complete I put an ad up on craigslist and had a letter of intent from buyers who were ecstatic to be able to buy instead of renting.

Make every effort to realize his intent to provide low income housing for this community ... but almost certainly not the way he would.  

It really depends on what your intentions are, such as whether you intend to invest for the purpose of rental income, or whether you intend on turning around and flipping the property for a gain.

Hello,I'm currently in the process of obtaining my real estate course to get licensed here in Vancouver, WA with the intention of getting into real estate investment properties.

@JP KruegerOne thing you'll need to consider and be careful with in a potential 1031 situation is establishing your intent.  

The key is your intent to hold for rental or investment purposes.

Usually they go in with no intention or ability to actually close on the deal themselves.I get offered these regularly.