(Obviously that only works in a market that has a decent # of transactions so you still get matching comps, but fortunately we definitely seem to be in such a market right now.)I think I'd rather go even a little farther back in time (say 9 months instead of 6 months) and make a rough/minor adjustment in my head for an older comp, then use a more recent comp that differs from the subject property on some important dimension (like # of baths or different neighborhood).I guess it comes back to putting yourself in the mindset of buyers & renters.

I may be able to save up enough for a down payment in time, but that would obviously depend on the purchase price. 

Still and all, it was emotionally exhausting just 'not knowing' if we would get there in time!

When our lender couldn't close the deal in time, FHA invoiced for all of those fees.

From those documents I synthesized my operating agreement clause by clause.Of course I knew all of the other partners intimately and I was to be the managing general partner for the partnership.

As others mentioned: you must factor in time, cost, risk, etc. 

Rehabs then not being done in time or at all, time passing with no communication, increasing holding costs and driving one nuts not knowing and hearing back. 

The worst that can happen is: The Buyer reneges, for any (contract-permitted) reason.If you can't find another Buyer in time, you get to buy this super deal - yourself!

Only looking back in time will someone know if they sold "at the peak". 

Sorry for the multiple post before,, I had some changes and thought I did the edits in time but I was wrong.