No way to say for sure since each lender is different and I have no idea of the terms you need or your FICO, but it is typically the prime rate plus a couple of points.

. - that might be a situation where you would want to work with a contractor directly because you would have lots of different options with widely varying costs.

Our main goal is to ensure we’re properly protected.Additionally, should we allow pets in our STR?

Appreciate the discussion and different perspectives! 

Perhaps you are talking about something different.

I’m in the 33% tax bracket through my real job and this could be a big difference in taxes owed if we sold the property?

After going through appraisal and all the applications process, they rejected the loans, over how HOA consists of too many investors vs homeowners, I then picked another unit in different community, did the same process, then they rejected the another execuse over HOA, It costs me several months times of refi and I requested the refund of appraisal fee and didn't get this refund. 

It is what is left after snow removal, cutting the grass, utilities, tenant issues, parking lot issues, property taxes, mortgage payment, etc. that make a difference.

I've helped 6-7 different investors move money from Oregon to Wyoming in the last 15 years and they are all happy they made the move.Consider finding a market that has a better long-term outlook, economically and legally.