After receiving your Type 03 FFL, you do give up certain rights as it relates to searching your home (assuming you register as a home-based FFL). The ATF is allowed to search the premises during regular business hours without a warrant once every 12-months.
You can also approach your local gun shop about shipping or receiving a firearm for you. Check FFL # Before you decide on a FFL holder to use, you should always check the validity of their FFL or Federal Firearms License. The Bureau of Alcohol, Tobacco and Firearms (BATF) provides a great link into their computer for this.