Most of it is upfront, there are insurers in Raleigh that can get you a better rate for an LLC.

@Jeremy Rosen I am a little interested in STR but have concerns about occupancy rate, chaos from being in the same building as the renters, and the capital to not only buy, but also, furnish the STR. 

The family upgrade, the "just because" bigger home buyer, the empty nester downgrades, the 2nd home, etc are choosing to wait and see, due to news of inflation and interest rates.

My own belief on RE is that we are in a more challenging period than 2012 to 2021 largely due to rate hikes.  

However, the lodging tax is NOT included in this average daily rate. 

While it's not necessarily a deal breaker it's important to ensure that you are paying a reduced rate for the house.

And then the rate will go up to its normal rate, probably 12-15% depending on the card.

2) Could your money make more than the interest rate for the home somewhere else?

Many people don't make a profit, obviously odds of success get better with experience/good team, etc.consider until you have more time to commit to instead look at buying publicly traded equity REITs, not mortgage REITS, they are trickyget subscription to Seeking Alpha and follow Brad Thomas, Jussi Askola and many others research/writing to start withREITS have beaten the SP500 last 50 yrs, by a lot, 13% to 11% just in last 20 yrs too, and they have taken a temporary beating due to sudden rise in 10 yr rates and hence CAP rates, but their underlying rent roles have only gone up.

Or a seller finance where you are playing a much lower rate.