I currently use the security deposit replacement and rental damage protection product from Waivo, which I accessed through my Furnished Finder dashboard for my mid-term rental (MTR).

I am now shopping to replace, but curious where I can learn more about the pros and cons regarding a policy like the one mentioned.  

I want to invest it wisely so that a part of it is used for my living expenses and the remainder invested in RE producing cash flow and appreciating over time.

If you find a replacement property before you close on the sale of your relinquished property, see if the seller will cooperate. 

Let's use an example of replacing a leaking kitchen faucet (assuming it can't be repaired):You can easily find out how much the materials are by going to the Home Depot website and picking one out.For labor we Googled, "How long does it take to replace a kitchen faucet" and this is the answer we got:AI Overview: Replacing a kitchen faucet can take 30 minutes to several hours, depending on the faucet's complexity and whether you're doing it yourself.

The podcast also talked about insurance claim re-housing where families lose their homes to a tragedy and get replaced through their insurance.

Pilsen is filling in and replacing buildings north of cermak.  

I also renovated hallway and replaced all staircases with a new oak staircase.  

We couldn't see the floors (too much trash), but probably safe to assume those should be replaced as well.

Likely most are over 40 and more likely to be homeowners than younger people percentage wise.