EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Then, you'll have a better educated estimate of what model/template you prefer.

TIA Roberto - There are many underwriting books and educational content that you can review to provide great information.

No need for any overpriced education, just read books on real estate investing during your down time (I would recommend the "ABCs or Real Estate Investing" by Ken Mcelroy if you are brand new) and listen to the BP podcast when you're commuting, cleaning, cooking, etc.

I am educating myself on the process and hoping to get some properties soon!  

At times I felt like I was the one educating them on how taxes worked. 

I am by no means an attorney and to my limited knowledge I don't know of anyone who has gotten "caught" with the new illinois law, but my understanding is that you can not "Market" (aka sell side of wholesale) more than one property per year.So if you had a licensed agent do the "marketing" of the property once it's under contract then you should be in the clear.You can of course double close, but the law is more specific to the marketing of the property vs. how it's closed.My suggestion @Andrii Sazhnev would be to find another wholesaler who has their broker's license to work with them while starting to get your license...in my opinion (if you have the time) it is worth it for anyone who is doing real estate full time to get there license - simply for the education and MLS access.

Sending you a dm, let's see how we can work together.I help new investors by (1) showing them the different avenues of investing, (2) teaching different methods on how people can use money that is already in their home, (3) showing how some HOA's can benefit in renting, and (4) refer them to this forum to educate themselves deeper as they start.

And you'd be throwing the "book" back at Congress :) Us CPAs/EAs do as well (some more than others), I personally have a Master's degree in the field with a focus in tax on top of my CPA if that tells you education levels required.

If you don't want to get your lenders in trouble, pick up a copy of Lend to Live in the BP bookstore for both of you to educate yourself on how to do it the proper way so that it's a true business transaction and not cutting corners just because you know each other personally.