thekochs
1. you can enter your license code into the free version to upgrade it to the PRO version, without having to uninstall the Free one first: Hit the PROTECTION tab, and toward the bottom, hit ACTIVATE. Then fill-in the product ID and KEY as requested, and hit (the newer) ACTIVATE button.
2. yes, you can set MBAM PRO for daily [or other regularly-scheduled] scanning, by clicking on the SETTINGS tab, then Scheduler Settings, and ADDing a scan [or a check for updates] by specifying your choice of parameters.
Personally, I am NOT a fan of routine scanning on a system that I strive to keep squeaky clean. I trust myself more than I want to allow for the possibility of a false positive in over-scanning. As such, I neither scan daily with Avast, nor with MBAM. But that's just me. If you feel more comfortable with daily scans, then it's your decision to do so.
Yes, it would be best to separate a daily MBAM scan from a daily AVAST scan... no need having them hog your CPU, and fight over disk access!
I *HAVE* scheduled MBAM to check for updates every hour.
3) Which of the MBAM scans are you running? Believe it or not, the QUICK scan is highly efficient, and will probably catch just about all the malware on your system! If the QUICK scan comes up clean, I'd say you're 97+% safe... perhaps even more so. As such, there's little need to ever run a FULL [lengthy] scan with MBAM... unless you really insist... "once in a blue moon".
By the way, MBAM PRO also offers a "Flash" scan, which tests just the most sensitive areas, really quickly.
4) I mentioned auto-updates of database in my response to (2).