The business venture that went sideways?

The liability coverage is way better, the building coverage is often better, and commercial policies typically cover loss of business income as well, which a homeowners policy isn't going to help you with.California + wildfire area + STR is super tough. 

There are still properties that can increase their rents, and may make for a good investment.  

Having trusted resources in market have been helpful in managing our properties and contractors especially when my non-real estate related consulting business is in its busy season.

I’m pretty handy with tools and business minded.

Make sure the zoning, local building department/regulations, and neighborhood allow you to put a tiny house on your property and rent it out.If that is not possible, using that money for the next property makes sense.In general, I think increasing housing density will help provide more badly needed housing affordably.To Your Success!

You might have a tenant upstairs and a local business renting the storefront below—a winning combination​.2.

Business travel to interesting places or that includes experiencing interesting events.You can try have your cake and eat it too.Best of luck with your investments

This is really going to depend on the state you are looking to do business in.

I also believe that I should also invest is my business.