Gentlemen,
I'd like to say thanks for the words of encouragement. My intent was to get the dialog "rolling" by posting this topic, and I have enjoyed what I've read so far. I know that I can do all the work that I want on the "side" for cash. To me, the issue still remains. Do I make it an official business? I'm sure I'll come to some conclusion in time. It is difficult for me to hold a Master's License and let it "sit on the sideline". I'm sure that I won't work in Houston because as a Houston Master, I would have to quit my day job in order to legally work there.
I will say that this is a nice problem to have. Many people in other countries can only dream of owning their own business. Heck, they can only dream of owning their own house, or even car for that matter.