Before I get started, I do understand that there's many many many posts about this specific topic, however I feel it's more convenient to have it all answered here, and I'm sure others will too.

I appreciate the reading as well!
Here's some background:
I'm a young guy looking to do what he's most passionate about, which is flying professionally. Currently, I'm taking flight lessons, and I consider myself, above of the game, and knowledgeable.
I've always had a certain wonder for aviation, and I believe that I'd be a great pilot;. I've taken flight simulation of Boeing 737, Airbus 321, 320, 319 very seriously, following all the checklists and sectionals,etc.
First off, what are the pros and cons of flying professionally? (American Airlines is what I hope to be a pilot for)

How is the job market?

What are the benefits?

Is the job security?

Are you provided with a nice hotel?

What route would I be flying daily (long/short)

Do I get payed hourly or salary?

Would you ever recommend someone stay away from this career?

Would you switch careers with the same pay if possible?

If you had a kid, would you recommend he does such?

What degree do you have, and do you believe it's required??

Thank you for the answers guys!