Also, any suggestions as to any essential clauses a wholesale contract should contain?

This is usually when investors find their way to an independent insurance broker to essentially take over the management of all your insurance policies. 

That's essentially what wholesaling is.

Essentially my dad has done some real estate and told me to try it out.

An RE agent who brings buyers is essential.

JoeSince you're paying off the lines of credit with a refi on the same property after 6 months, you essentially close the loc correct?

As @Marcia Maynardpoints out, pre-screening is essential.  9 showings sounds like a nightmare to me.To aid in the pre-screening, I have a few questions toward the bottom of my craigslist ad.  

Essentially you just disqualified everyone reading this discussion from being able to invest if they were interested.Now is the 900k the purchase price, the down, or the full raise?  

You can also check "keep my offer as backup for X days" and they will essentially resubmit your offer every bid period.Let me know if I can answer any more questions about it - I can even go online and look at the specific house you're talking about and can walk you through a little more if you'd like.

This place is fantastic and though I'm a bit new to it also, I've come to realize how important and essential this place is to my development.