diff --git a/homeassistant/components/reolink/__init__.py b/homeassistant/components/reolink/__init__.py
index bd521d74777..fee6567ab76 100644
--- a/homeassistant/components/reolink/__init__.py
+++ b/homeassistant/components/reolink/__init__.py
@@ -12,8 +12,10 @@ import async_timeout
 from reolink_aio.exceptions import (
     ApiError,
     InvalidContentTypeError,
+    LoginError,
     NoDataError,
     ReolinkError,
+    UnexpectedDataError,
 )
 
 from homeassistant.config_entries import ConfigEntry
@@ -23,7 +25,7 @@ from homeassistant.exceptions import ConfigEntryAuthFailed, ConfigEntryNotReady
 from homeassistant.helpers.update_coordinator import DataUpdateCoordinator, UpdateFailed
 
 from .const import DOMAIN
-from .exceptions import UserNotAdmin
+from .exceptions import ReolinkException, UserNotAdmin
 from .host import ReolinkHost
 
 _LOGGER = logging.getLogger(__name__)
@@ -45,12 +47,7 @@ async def async_setup_entry(hass: HomeAssistant, config_entry: ConfigEntry) -> b
     host = ReolinkHost(hass, config_entry.data, config_entry.options)
 
     try:
-        if not await host.async_init():
-            await host.stop()
-            raise ConfigEntryNotReady(
-                f"Error while trying to setup {host.api.host}:{host.api.port}: "
-                "failed to obtain data from device."
-            )
+        await host.async_init()
     except UserNotAdmin as err:
         raise ConfigEntryAuthFailed(err) from UserNotAdmin
     except (
@@ -58,7 +55,10 @@ async def async_setup_entry(hass: HomeAssistant, config_entry: ConfigEntry) -> b
         asyncio.TimeoutError,
         ApiError,
         InvalidContentTypeError,
+        LoginError,
         NoDataError,
+        ReolinkException,
+        UnexpectedDataError,
     ) as err:
         await host.stop()
         raise ConfigEntryNotReady(
diff --git a/homeassistant/components/reolink/config_flow.py b/homeassistant/components/reolink/config_flow.py
index e8f1fe3abe9..faa9b28ac36 100644
--- a/homeassistant/components/reolink/config_flow.py
+++ b/homeassistant/components/reolink/config_flow.py
@@ -8,14 +8,14 @@ from typing import Any
 from reolink_aio.exceptions import ApiError, CredentialsInvalidError, ReolinkError
 import voluptuous as vol
 
-from homeassistant import config_entries, exceptions
+from homeassistant import config_entries
 from homeassistant.const import CONF_HOST, CONF_PASSWORD, CONF_PORT, CONF_USERNAME
 from homeassistant.core import callback
 from homeassistant.data_entry_flow import FlowResult
 from homeassistant.helpers import config_validation as cv
 
 from .const import CONF_PROTOCOL, CONF_USE_HTTPS, DEFAULT_PROTOCOL, DOMAIN
-from .exceptions import UserNotAdmin
+from .exceptions import ReolinkException, UserNotAdmin
 from .host import ReolinkHost
 
 _LOGGER = logging.getLogger(__name__)
@@ -96,25 +96,25 @@ class ReolinkFlowHandler(config_entries.ConfigFlow, domain=DOMAIN):
         if user_input is not None:
             host = ReolinkHost(self.hass, user_input, DEFAULT_OPTIONS)
             try:
-                await async_obtain_host_settings(host)
+                await host.async_init()
             except UserNotAdmin:
                 errors[CONF_USERNAME] = "not_admin"
                 placeholders["username"] = host.api.username
                 placeholders["userlevel"] = host.api.user_level
-            except CannotConnect:
-                errors[CONF_HOST] = "cannot_connect"
             except CredentialsInvalidError:
                 errors[CONF_HOST] = "invalid_auth"
             except ApiError as err:
                 placeholders["error"] = str(err)
                 errors[CONF_HOST] = "api_error"
-            except ReolinkError as err:
+            except (ReolinkError, ReolinkException) as err:
                 placeholders["error"] = str(err)
                 errors[CONF_HOST] = "cannot_connect"
             except Exception as err:  # pylint: disable=broad-except
                 _LOGGER.exception("Unexpected exception")
                 placeholders["error"] = str(err)
                 errors[CONF_HOST] = "unknown"
+            finally:
+                await host.stop()
 
             if not errors:
                 user_input[CONF_PORT] = host.api.port
@@ -160,16 +160,3 @@ class ReolinkFlowHandler(config_entries.ConfigFlow, domain=DOMAIN):
             errors=errors,
             description_placeholders=placeholders,
         )
-
-
-async def async_obtain_host_settings(host: ReolinkHost) -> None:
-    """Initialize the Reolink host and get the host information."""
-    try:
-        if not await host.async_init():
-            raise CannotConnect
-    finally:
-        await host.stop()
-
-
-class CannotConnect(exceptions.HomeAssistantError):
-    """Error to indicate we cannot connect."""
diff --git a/homeassistant/components/reolink/exceptions.py b/homeassistant/components/reolink/exceptions.py
index ad95625cfa7..16fcffb064a 100644
--- a/homeassistant/components/reolink/exceptions.py
+++ b/homeassistant/components/reolink/exceptions.py
@@ -2,5 +2,13 @@
 from homeassistant.exceptions import HomeAssistantError
 
 
-class UserNotAdmin(HomeAssistantError):
+class ReolinkException(HomeAssistantError):
+    """BaseException for the Reolink integration."""
+
+
+class ReolinkSetupException(ReolinkException):
+    """Raised when setting up the Reolink host failed."""
+
+
+class UserNotAdmin(ReolinkException):
     """Raised when user is not admin."""
diff --git a/homeassistant/components/reolink/host.py b/homeassistant/components/reolink/host.py
index 6f4487d2001..8e7e435358f 100644
--- a/homeassistant/components/reolink/host.py
+++ b/homeassistant/components/reolink/host.py
@@ -8,18 +8,14 @@ from typing import Any
 
 import aiohttp
 from reolink_aio.api import Host
-from reolink_aio.exceptions import (
-    ApiError,
-    CredentialsInvalidError,
-    InvalidContentTypeError,
-)
+from reolink_aio.exceptions import ReolinkError
 
 from homeassistant.const import CONF_HOST, CONF_PASSWORD, CONF_PORT, CONF_USERNAME
 from homeassistant.core import HomeAssistant
 from homeassistant.helpers.device_registry import format_mac
 
 from .const import CONF_PROTOCOL, CONF_USE_HTTPS, DEFAULT_TIMEOUT
-from .exceptions import UserNotAdmin
+from .exceptions import ReolinkSetupException, UserNotAdmin
 
 _LOGGER = logging.getLogger(__name__)
 
@@ -59,14 +55,14 @@ class ReolinkHost:
         """Return the API object."""
         return self._api
 
-    async def async_init(self) -> bool:
+    async def async_init(self) -> None:
         """Connect to Reolink host."""
         self._api.expire_session()
 
         await self._api.get_host_data()
 
         if self._api.mac_address is None:
-            return False
+            raise ReolinkSetupException("Could not get mac address")
 
         if not self._api.is_admin:
             await self.stop()
@@ -96,11 +92,13 @@ class ReolinkHost:
             enable_rtsp = True
 
         if enable_onvif or enable_rtmp or enable_rtsp:
-            if not await self._api.set_net_port(
-                enable_onvif=enable_onvif,
-                enable_rtmp=enable_rtmp,
-                enable_rtsp=enable_rtsp,
-            ):
+            try:
+                await self._api.set_net_port(
+                    enable_onvif=enable_onvif,
+                    enable_rtmp=enable_rtmp,
+                    enable_rtsp=enable_rtsp,
+                )
+            except ReolinkError:
                 if enable_onvif:
                     _LOGGER.error(
                         "Failed to enable ONVIF on %s. Set it to ON to receive notifications",
@@ -120,8 +118,6 @@ class ReolinkHost:
 
         self._unique_id = format_mac(self._api.mac_address)
 
-        return True
-
     async def update_states(self) -> None:
         """Call the API of the camera device to update the internal states."""
         await self._api.get_states()
@@ -145,22 +141,9 @@ class ReolinkHost:
                 self._api.host,
                 self._api.port,
             )
-        except ApiError as err:
+        except ReolinkError as err:
             _LOGGER.error(
-                "Reolink API error while logging out for host %s:%s: %s",
-                self._api.host,
-                self._api.port,
-                str(err),
-            )
-        except CredentialsInvalidError:
-            _LOGGER.error(
-                "Reolink credentials error while logging out for host %s:%s",
-                self._api.host,
-                self._api.port,
-            )
-        except InvalidContentTypeError as err:
-            _LOGGER.error(
-                "Reolink content type error while logging out for host %s:%s: %s",
+                "Reolink error while logging out for host %s:%s: %s",
                 self._api.host,
                 self._api.port,
                 str(err),
diff --git a/homeassistant/components/reolink/manifest.json b/homeassistant/components/reolink/manifest.json
index 92b0a0b9c1b..e0447363ce9 100644
--- a/homeassistant/components/reolink/manifest.json
+++ b/homeassistant/components/reolink/manifest.json
@@ -3,7 +3,7 @@
   "name": "Reolink IP NVR/camera",
   "config_flow": true,
   "documentation": "https://www.home-assistant.io/integrations/reolink",
-  "requirements": ["reolink-aio==0.2.3"],
+  "requirements": ["reolink-aio==0.3.0"],
   "codeowners": ["@starkillerOG"],
   "iot_class": "local_polling",
   "loggers": ["reolink_aio"]
diff --git a/requirements_all.txt b/requirements_all.txt
index f848ab57fe2..e47acb71047 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -2221,7 +2221,7 @@ regenmaschine==2022.11.0
 renault-api==0.1.11
 
 # homeassistant.components.reolink
-reolink-aio==0.2.3
+reolink-aio==0.3.0
 
 # homeassistant.components.python_script
 restrictedpython==6.0
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index e97218f1c2d..b6579a4c3e6 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -1566,7 +1566,7 @@ regenmaschine==2022.11.0
 renault-api==0.1.11
 
 # homeassistant.components.reolink
-reolink-aio==0.2.3
+reolink-aio==0.3.0
 
 # homeassistant.components.python_script
 restrictedpython==6.0