@Danny Keating 1) Only if your friend brings value to the business relationship.

In my opinion, your offer price & value add should be based on the ROI target or hurdle rate you've established for your business. 

I initially bought it in 2016 and converted the carport into a one bedroom studio where I lived for a couple years Airbnbing the main house.

I am new to wholesaling and plan to make this a bigger part of my business.

The City of Branson does require a business license to operate an STR if you self manage.

Unfortunately you will need to bring on a business partner for this deal.

I read a lot of books on real estate and business but the magic happened once I stopped reading and started taking action. 

I would like to add to that I've just been busy with other stuff.I keep track of income / expenses for my 3 income producing properties in a spreadsheet.I also just bought a new home last year and still trying to sell the old home.

2 x Studios?

That’s like asking how much could you make per car if you’re running a Huber business?