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. 

Hopefully, you find the info below helpful.

If you’re open to it, bringing in investors with clear terms could help you leverage your strong track record and deal flow to expand faster.

I hope this helps you have a better understanding. 

Thank you for the feedback this is very helpful! 

Happy to help point you in the right direction and give my insight if you want to shoot me a message.Best of luck!

Hope this helps!

We would appreciate the help from Bigger Pockets Support.

New medical people need help starting out.  7.  

It could be helpful to you (lenders will want to see lease agreements) and it is good for the family member (they actually could do a program where them paying rent increases credit).