Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.

He said that typically in flip deals its around 30-40% down but if construction was included it would be about 30%. 

@Jerell Edmonds is right that many of us, including myself, waited because of fear and feelings. 

Start by deepening your understanding of CRE fundamentals, including net operating income (NOI), cap rates, and lease structures like triple net (NNN).

It will just invite the idea of allowing her to include even more pets. 

I’d also recommend getting a few quotes, including at least one from a mortgage broker.  

However, I notice that Personal Injury is not included and I'm thinking that may be important to have for a Short Term Rental.

I work with new investors all the time and have to get past newbie investor puberty which include Shiny Object Syndrome and  the mindset that this business is Quick Money with little to no effort (thanks to Social Media). 

I suggest gradually assembling a reliable maintenance team that includes HVAC, plumbing, and other essential services.Tenants are responsible for providing access to the property.

Quote from @Pablo Avila: There are plenty including myself!