Are you using the same thumb drive for the OS and the installer all on one?
Using a USB 2 drive, regardless, will be painfully slow, and may be the root cause of it locking up. If you can find a USB 3 drive or SSD to use as the boot device, that will make a dramatic improvement - providing your machine has USB 3 ports.
OK Guys, as you look through this thread you can see I had a couple of issues trying to get this to work. Now I'm up and running just fine. If you follow the directions above to the letter it will work. The 2 things I would add:
1) is make sure you're using usb 3.o not 2.0.
2) I USED A 32 GB (16 PROBABLY COULD WORK)=
5.5 PARTITION FOR BOOTABLE
26.5 2ND PARTITION (CLICK ON PARTITION, OPTION AND SELECT GUID TYPE)
When I got new thumb drive it worked just fine. Install still takes a while but it works!! Thanks to @SandboxGeneral....