The IRS doesn't care which of you is on title.

That said, we have traveled a lot and stayed in wonderful Airbnbs over the years and have always dreamed of creating an incredible experience for someone visiting Minnesota with a short-term rental as well, so we are definitely open to that idea and have some great experience as to what we know would provide an exceptional short-term rental experience. 

I would NEVER Ever use OBIE INSURANCE  --Not honest in their dealings and do not expect refunds on cancellations  I am of the opinion that they are legal scammers Just be careful

That is an easy way to get a Fair Housing Violation case.Lastly, why do you care who is looking at the property?

I currently have a lawn care business that I run myself.   

I wish you all continued success in your real estate journeys and hope you have a wonderful holiday season.Best regards,Rob

Quote from @Willam Mendez: Hey guys, just wondering if anyone knows of any HYSA that are used for Business or any other Business account that will give me a high Yield? 

I have a renter in there now and am wondering if a cost-seg makes sense to do financially as I am planning to keep the place for 10+ years. 

You're learning about the eviction process, tenant screening (never "word of mouth" again), the power of a lease WHEN not IF a neutral third party needs to be involved, tenant/landlord laws, and managing tenants who don't care about your business the way you do. 

As a long-time GC, I wouldn't care how you paid me.