I was listening to a BP podcast today and they mentioned that you could convert a 401k to a Self Directed IRA which you could then use to invest.

Hey @Andre Valdes ,To add on to what Josh mentioned above.

I started my marketing for wholesaling three months ago but then almost immediately ran into severe financial issues that I'm still trying to dig out of (I'm aware of the strategies like those mentioned in @Brandon Turner's recent video of what to do when financially struggling https://www.youtube.com/watch?

At my age, my physical body is becoming more limited.

The spouses have a huge part in it as @Jay Hinrichs mentioned. 

As @Kyle J. mentioned, there are some exceptions, but your case doesn't apply.However, he can't charge you the remaining 3 months AND keep your security deposit.

When you make your pre-offer inspection you might see something obvious during that which makes that decision obvious and its age can give you some concerns about reusing the major components that gives you some concern about that which means you will have to remove sheetrock to repair that. 

Everyone is a "newbie" at some point, so just dive in and you'll find plenty of folks ready to give back.I'm personally a little adverse to 2/2 SFR (you didn't mention type of property) unless there is a potential to make it a 3/2.If you have a viable tenant and all your numbers make sense, I would advise NOT doing a Rehab until this Tenant leaves.

Also forgot to mention, should i include that he make all repairs if I offer 875K or I walk away...

Less peace of mind due to increased debt, but trade off is better use of OPM.I will say we are leaning to taking out the line of credit for the pros mentioned above, but excited to hear your perspectives.