My question is - Can you wholesale as a Real Estate agent as long as it is disclosed in the paperwork/transactions? 

I would like to transition my business more into real estate investing but I am curious as to how wholesaling property would work for an active agent being as though all of my transactions are on the behalf of a broker?

You'll want to see the property before you buy (and the neighborhood) and to see how it looks at nighttime as well (see if it is still safe, not too loud, etc.). 

For the actual transaction + rehab I will need to borrow funds. 

Good call on multiplying the numbers by 1.5 - always good to play it safe.

My best recommendation is to make your license active only if you are going to do several transactions, either for yourself or for a client.

Does this vary from transaction to transaction?

I have an excel sheet with each of our transactions associated with the rental. 

I am looking to inject (contribute) some money into one of my LLC to finance some new acquisition this year.I am refinancing my home (that is under my own name) and will use the cash out as contribution into the LLC.It is my understanding that while you can't deduct new mortgage or refi anymore on your personal home, you can still deduct all its costs when it is used for investment (by deducting from the investment income/gain).What would be the proper way to document this transaction in addition to the schedule recording the contribution in the LLC book?

In this case I think a business transaction attorney would be best.