And that effect tax rate is pretty high because it's marginal income on top of what's made from the standard J-O-B.  

o, my fiancé and I have been wanting to expand into owning rentals.

This thread was the most helpful in my decision not to form an LLC to begin:https://www.biggerpockets.com/forums/12-starting-o...

If you don't know how to do the A of O and OA, then hire an attorney.  

The unethical Realtor can be sued easily, and their company can be sued, and they probably have E&O insurance.  

Not really, they have "net listing" issues, obligations of disclosure with value, brokers would rather see them list and your wholesaling probably won't be covered under your E&O policy. :)

All the toilets or unstable and need new o-rings (according to the inspector) should i do that while there in there?

And how would you choose a broker that actually knows how to sell a tougher cookie w/o dunking the price significantly.Appreciate your wisdom!

A lot o hassleTrust - Pretty complicated, costly, not sure I could still declare profit/loss on my tax statement.

Regular homebuyer type stuff that has no hair on it where you can't get into a mess and an E and O claim doing the creative type deals.