I've done post cards etc. 

They want the heating element to be inspected however we know it is working properly and the main heat/AC for their unit is the mini split, not the thermostat.

That means, buying at the right price, with the proper SoW and good comps to project a nice ARLTV.

Wholesailing in Texas is legal if done properly.

It is properly called ordinary business income and is taxed at the same rate as your W2 income, PLUS 15% self-employment tax which is Social Security + Medicare.

Get a good General Contractor, write a proper contract with proper payment milestone schedule.If you don't think you can come up with the money to finish it get out from under it and talk to your HML ASAP like @Jay Hinrichs mentioned.Happy to connect and talk through the situation more if that would help!

Ensure the property is properly zoned for your business, and consider leasing the other suites to offset costs.

I'm curious about the proper legal structure and business types one should use to minimize personal liability as well as remain fairly anonymous to the general public.

That person will most likely need the assistance of the attorney who formed the trust for you, to be able to accomplish the things that need to be accomplished- legally- so that they have the proper legal effect after your passing.

Self-management is a good thing, as long as you have the skill set and knowledge to do it properly.