Hey Thomas,
Sorry about the late reply, but I overlooked this one apparently.
I am assuming you are opening a study group for Daito ryu with oversight by a qualified instructor?
If so, you will probably want to get their advice on insurance and how they would prefer that your typical classes run. Fair warning, running your own group like that can get expensive as you, being the group leader, will bear the costs associated with the class whenever you don't have enough dedicated people to share said costs.
If not, then I urge you to locate a qualified instructor somewhere within reasonable travel distance (Texas is a bit far to go on a regular basis) that you can approach about forming a study group. At nidan, you are just scratching the surface, and don't possess a deep enough understanding of pretty much any Japanese art to be able to teach it on your own. Having a qualified instructor that you see regularly will help you continue your own training as well as ensure that you are not passing along erroneous information and movements.
Let us know how it works out!
Paul Smith
"Always keep the sharp side and the pointy end between you and your opponent"