The past is the past.I would also point out two things based on your comments that may indicate why you chose to go in a different direction.  1) The use of a self-directed IRA custodian - where they have to sign every document and cut every check - is not well suited for a portfolio that involves a lot of assets or assets that create a lot of transaction activity. 

It's a stressful career but I'm so glad I made the leap. 

Welcome @Zachary Hickman - sounds like you're off to a great start by working in the industry and being active on BP.

I can not stress enough how important it is to have it.

You won't know until you start calling as many lenders as it takes to get a "yes"...BP alone lists ~30 of them active in PA...

Put it under contract and before you close take an updated report with the actual property to your lender for the Pre-approval.You and your uncle will have a lot less stress knowing the exit strategy is in place.  

I feel like just closing without the added work of securing financing will make the process less stressful but it's a lot of money.

This page can be googled by searching for "Property Depreciation: Why the Tax Benefits Could Come Back to Bite You" - shows stressed guy in front of laptop. -  A home depreciates every year.  

Asking upfront "how many clients of yours actively wholesale and do oversee/advised clients on how to legally wholesale real estate?"

He runs a virtual real estate focused CPA firm and is very active on the forums.