If you need financial help, ask under the "Finance, Tax, and Legal" forum.

I'll add a few more things that can have a huge financial impact: required reserves, LTC (loan to cost), application or other upfront fees, and prepayment penalties.As a fellow flipper, I think it's important to have reserves, but they shouldn't be required as part of your funding.

In this instance, there is no control and just hope.I would ask for financials, what happens if rates do not go down, and really get a better understanding.

Your $30k should be your emergency fund and not used for new investments at this time.Consider talking to a CPA or financial advisor.

I’ve never had difficulty filing a claim with Airbnb as long as I showed the broken item and the cost to replace or fix it. 

If you can get financial support to get a duplex/triplex, I would recommend this.

@Serge Hounkponou Recommend you first figure out the property Class you want to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I knew I was adequately insured and had zero risk of financial consequences.  

Get people financially educated and let them buy their own houses.

@Polat Caglayan very ambiguosu question, but read the helpful info below to guide your next set of questions:)-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?