Cutting to the chase:
1. Inject 0.1 ml PPD intradermally. This raises a welt if you did it right.
2. Read it at 48 to 78 hrs. Theoretically there could be reactions before this, and a "positive" can be delayed (messed up immune response) or obvious afer 72hrs due to the degree of tissue death at the site. 48 to 72 hrs is the standard, a conventin based upon scientific observation.
3. The hallmark is some degree of erythema, but always a defined area of induration (firmness) or development of an ulcer or true blisters.
Many folks react to the chemicals in the injection and develop a red spot which can last for months. Not a "positive".
Yes, you can have TB for the rest of your life and never become clinically ill if the infection is a light load (very few organisms) and your body handles them...walls them off in their little tubercles. This doesn't happen if the strain is malevolent, you lack the genetic wherewithall to do it, or the infection exposure was high.
You can carry potentially infectious TB in areas of your body besides the lungs, test positive but never get to coughing (although the primary exposure probably will have a respiratory presentation). I've seen pts with tubercular meningitis, tuberculosis of the testicle, and in the hip.
In fact, fosslized remains of humans and other creatures have been found with lesions strongly resembling tubercular destruction of skeletal tissues.