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.

If you're wrong and the market sours or you buy poorly - you will lose $.Buy, rehab, rent, refinance, repeat (BRRR) - but I think getting money out of investment property is a little more difficult, so you may just leverage from the beginning.Many many more things you can do, of course.  

buying, rehabbing, renting it out, cash out refi, and then repeat?

Buy, Rehab, Rent, Refinance, Repeat. 

After reading the book of the millionaire real estate investor by Gary Keller, where it says to track your net worth frequently, I started few months ago to track my net worth and see it how it performs during time.

If it's a business, then I would suggest a business entity with this repeat borrower and take care of you lending activities inside the business entity. 

From there I will do a buy and hold and continue flipping, and then continue to repeat until I have four buy and holds.  

You have a lot of variables there are you going to rinse and repeat.  

I know the issue of hiring contractors has been discussed frequently, but I am shocked at how difficult it is.