I'm going off the understanding that you still need to spend 500+ hours in the business to achieve material participation (please correct me if I'm wrong). 

And even if I do not get into the renting business I can make some profit if I decide to sell the property at some point.

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. 

SMALL BUSINESS ADMINISTRATION 

I should have elaborated in how the utilities are handled.Septic is the only private utility, and thus is my responsibility.

My business profile is showing only 16 reviews on the count however when I manually count my reviews I have 26.

Although most of my stays are <7 days, I've had a few longer stays (business travelers and a family that was going through a full home remodel).

There may be a way to reduce property tax reassessment by using LLCs, but it is a complicated plan, takes time to complete, generally needs a business purpose, and is not without risk. 

•Business Cards & Branding: You can list both services, but if you want to avoid overwhelming potential clients, consider having two versions—one focused on PM and one on real estate sales, depending on who you’re targeting.Best Way to Generate Property Management Leads1.Target Landlords Where They Need You Most•Most landlords seek out PM services when they’re in trouble—tenants not paying, evictions, property damage, etc.

We have helped several businesses open up using a Tiny Home to fit their business needs along with the City of St Louis with their homeless project.