While it's still possible to use older comps if they’re in the same neighborhood, you’ll need to adjust for differences in condition, renovations, and updates. 

While you can start with a written agreement, a professional document will help protect both of you, particularly in terms of ownership, responsibilities, and profit-sharing.

You don't need to learn REI in your job, that's a side thing. 

You might also explore BRRRR to build long-term wealth while recycling capital.

Located in Chicago, IL been wholesaling for a While Now but yet to close My first deal yet.

Definitely on market.2) This is such a tough question to answer, but I think it might be something along the lines of don't overleverage.

If you're just starting out, house hacking a duplex or SFH with an ADU can be a great way to reduce living expenses while building equity. 

House hacking a 2-4 unit property with FHA (3.5% down) or Conventional (5% down) can be a smart way to start, while DSCR loans or partnerships can help if you need alternative financing.

It's a win-win.The key is to find out what they want, then find a way to give them what they want while getting what you want.

That way, they feel locked in while waiting for the rule to clear.Just communicate—if they really want the house, they’ll likely wait rather than start over.Good luck closing the deal!