Hello Abby,My answers to your questions, everyone has different opinions but here are mine:1) Yes it is 100% worth it, if not only for the business line of credit you can establish2) Deals are harder and harder to find, at least where I am from and surrounding areas.

No not regular property insurance.You are running a STR business and need commercial insurance or you will not be covered.Look at CBIZ, Proper and Foremost. 

Make no mistake, being an operator is being a business owner.

Everything elseis just "business..." 

For example,Let's say there's a 1000 sq foot house with two bedrooms - one for the tenant and one for the landlord.100 sq foot is for landlord exclusive use.100 sq foot is for tenant exclusive use.800 sq foot is common areas (kitchen, living room, dining room, etc).Is the business use 50% (100 + 400 [common area divided into 2]/1000) or 10% (100/1000)?

I invest in other classes than real estate).Having 300 would allow me to delete hard money lenders from my flipping business.

The CTA required information about the beneficial ownership of companies registered to do business in the US starting Jan 1, 2024.Link to article:https://www.natlawreview.com/article/us-corporate-transparen...

I main question is about scaling in real estate as a business owner vs employee.

I do all of the bookkeeping and taxes for my own real estate business and would be happy to assist you with yours. 

I feel like January and February are slow for any/most businesses.