It is alot of work to get going, but has its benefits. I am an FFL and I file retail sales tax every month. There is alot to do on the business side of it all. My .02 on the class III is to let it go to the other guys with a storefront. There is more paperwork, and if you work full time, (I am assuming you do), there will come a point when you get sick of doing paperwork. Class III guns are also WAY more expensive then regular guns, and require much more money to get started. The nice thing about being a regular old 01 dealer from home is that you can decide how busy your business gets. I will give you one important tip... DONT GO TO A GUNSHOP AND TELL THEM YOU ARE AN FFL! If you want to snoop and poop around the store, that is great. You can even strike up conversation with the owner, but in my experience telling a gunshop owner you are an home based FFL will get you a bad attitude and some funny looks. There may be some shops that will help you, but in my experience, storefront owners don't like the fact that you don't have much overhead and they do. In many cases they will snub you or downright be a pecker head to you.
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