Investors and especially licensees that attempt to devise methods of circumventing the law and accepted practice are simply dangerous.  

Then attempt to correct the issue (see my comments below).2.

I only want to provide the best service imaginable to the sellers & buyers that I attempt to do business with.Again, I sincerely hope that everyone is having a great day; and as always Good Luck in all your real estate endeavors!

I would also appreciate any input on the clauses that can bog down, tie up, or outright undermine the success of a possible wholesale transaction.Any and all help/advice would be appreciated; especially the advice given from those who have successfully & repeatedly used the contracts & clauses that they have recommended.I am new to the REI world but I am trying to learn as much as possible in regards to ensuring that I am attempting to complete every aspect of the entire wholesale process in the most wise, prudent, correct, and of course effective ways as possible.I am wholeheartedly looking forward to the day that I am considered by other professionals in our industry as a truly valuable asset to our field.

I would also appreciate any input on the clauses that can bog down, tie up, or outright undermine the success of a possible wholesale transaction.Any and all help/advice would be appreciated; especially the advice given from those who have successfully & repeatedly used the contracts & clauses that they have recommended.I am new to the REI world but I am trying to learn as much as possible in regards to ensuring that I am attempting to complete every aspect of the entire wholesale process in the most wise, prudent, correct, and of course effective ways as possible.I am wholeheartedly looking forward to the day that I am considered by other professionals in our industry as a truly valuable asset to our field.

I wouldn't consider myself a real estate investor yet, but I have rental property in Texas that I attempted to get a line of credit (LOC) on.

Your only real tool to a breach is to force liquidation after exhausting mitigation attempts. 

Hey @Levi GardnerIm in the same boat attempting to connect with my local market more.

Grounds for denial of issuance of license or for disciplinary action(A) In addition to Section 40-1-110, the commission may deny issuance of a license to an applicant or may take disciplinary action against a licensee who:(1) makes a substantial misrepresentation involving a real estate transaction;(2) makes false promises of a character likely to influence, persuade, or induce;(3) pursues a continued and flagrant course of misrepresentation or makes false and misleading promises through associated licensees or through any medium of advertising or otherwise;(4) in the practice of real estate demonstrates bad faith, dishonesty, untrustworthiness, or incompetency in a manner as to endanger the interest of the public;(5) represents or attempts to represent a real estate broker other than his broker-in-charge or property manager-in-charge without the express knowledge and written consent of the employing broker-in-charge or property manager-in-charge;(6) guarantees or authorizes and permits any associated licensee to guarantee future profits from the resale of real estate;(7) makes a dual set of contracts, written or otherwise, by stating a sales price higher than the actual sales price in an effort to obtain a larger loan from a lender or lending institution or for the purpose of misinforming a governmental agency or any other reason;(8) is convicted of violating the federal and state fair housing laws, forgery, embezzlement, breach of trust, larceny, obtaining money or property under false pretense, extortion, fraud, conspiracy to defraud, or has been convicted of a violent crime as defined in Section 16-1-60, has been convicted during the previous five years of a felony directly related to the practice of the profession, or has been convicted during the previous seven years of a felony, an essential element of which is dishonesty, reasonably related to the practice of the profession, or pleading guilty or nolo contendere to any such offense in a court of competent jurisdiction of this State, any other state, or any federal court;(9) fails to report to the department in writing by certified mail, within ten days, notice of conviction of a crime provided for in item (8);(10) fails, within a reasonable time, to account for or to remit any monies coming into his possession which belong to others;(11) pays a commission or compensation to an unlicensed individual for activities requiring a license under this chapter.

There is a an exemption available where you (and only you) as the disqualified party can loan monies to your IRA to protect your investment, but this exemption can only be activated after all the other options have been exhausted and you have to document all the options that were attempted and why and how they were exhausted.