Just realize initially you are likely to be supplementing the RE more that the rent value.  

President Joe Biden signed his $1.9 trillion rescue package into law, which will send additional $1,400 checks to households as well as extend a government-funded $300 weekly unemployment supplement through Sept. 6.

You can increase the liability coverage on your regular homeowners insurance and also get a supplemental 'umbrella' policy, with can increase the liability limits further.

I formed an S Corp to do Software Consulting that I no longer do, but my wife starting selling nutritional supplements, so we formed a DBA that goes under the S Corp so people wouldn't be confused with a software company doing nutritional supplements.

I really like the cash flow potential of the STR market to help supplement income from Long Term rentals.

I bought this home right before I went on maternity leave thinking I could rent the mother in law apartment in the basement to supplement my income while I am off from work.

Now, although he has the money and experience, I have sufficient more "book knowledge" and have done more research that can supplement his experince.

I work in hi-tech sector full-time and would like to start off REI part-time (mostly on weekends) to supplement my income.

You may need to supplement this with your own stuff to figure out cost of repair.  

I'm 61 and have 4 more years until I retire and hoping this will be a supplement to my retirement.