The remaining amount will then be utilized as operating expense to run the business, which forces you to “trim the fat” of your business by facing hard truths of unnecessary expenses.

In the meantime, continue saving capital, building your credit, and limiting unnecessary debt. 

There is a good reason to have inspections done one being to avoid law suits against you and avoiding unnecessary cost duplication due to potential tear downs an inspector may order.

You are going to spend a lot of time and energy on unnecessary crap to look like a bit-time investor when you haven't even purchased your first property yet.Get five properties under your belt.

It is not my only source of income, so my goal is not to further the profits made in the electrical contracting industry by having investors perform unnecessary work.

I just want to make sure i don't accrue any unnecessary taxes or pierce my corporate veil.

My experience with USDA Farm Loans are they can help keep lending costs down but come at the cost of lots of timely and unnecessary paperwork.

Just a unnecessary compliance fee.  

And yes, it does make bookkeeping, bank accounts, insurance, and everything else more complicated.It may be that all this layering is completely unnecessary.

I often break it down into the "five pillars" of protecting your assets.1st pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.2nd pillar is a good insurance policy as that cover the majority of your exposure.