Thanks @Grace Walser!

If you are still working there, you can ask the plan administrator if you qualify for an in-service transfer.  

This year is the first year I will qualify as a real estate professional and be able to take some aggressive deductions through things like cost segregation studies.

You Keep The Deposit And If You Want To Do A Buy Out Which Usually Is A Months Rents Or More That Will Give You Some Time To Find Another Qualified Tenant.

Convert the Property to a Primary Residence: If you live in the property for at least two of the five years before selling, you may qualify for the primary residence exclusion, which allows you to exclude up to $250,000 of capital gains ($500,000 for married couples) from taxation.4.

The most qualified applicant in my opinion is a family of three, whose credit and background checks are clear. 

Fix it properly, then rent it out to a highly qualified applicant. 

If it will qualify for conventional, you would be just below the 75% LTV threshold.

Only do turnkey if you have your OWN well qualified inspector who can point out any hacks or deferred maintenance issues.Many turnkey providors are notorious for this.

Qualifying for REPS then hinges on two questions:1.