How to structure myself for a Buy/renovate sell stratergy?

You should probably look at using a discretionary trust as there are more possibilities of reducing tax. Or Maybe a company with the shares owned by a trust.

Another thing to consider is finance. Will you qualify if only working part time. It will be approx 2 years before self employed business income is taken into account.

NOS1

Probably allow $2000 for an Accountant to set up a Company and DFT structure.

Remember to take your partners income into consideration for financing they will need to be a Director / Trustee and this may not be ideal for complete Asset protection.

Obviously whilst interest is a deductible expense when used for developing using your own cash will produce better net results. Balancing item is of course whether you can use the cash elsewhere to obtain a better return i.e offset any non deductible debt.

Finally remember most lenders will consider your activity as a business and will probably want to pass you over to the Development / Commercial side of the Bank.

Your Broker should be able to come up with a solution although appreciate that his / her commission will be clawed back if you sell the property within the first 18 months.

I have several clients that do exactly what you are doing and we charge a fee per deal for them with both parties knowing that there is no net commission paid so dont expect us to work for nothing.