MSFS freezes during loading (sound stutters, then loading bar stops)

Sympoms:
During loading MSFS background music stutters a little and then usually stops playing and loading bar stops with Flighsimulator.exe process usage ~0%

  • I’ve had this issue since I started using MSFS
  • Fresh Windows 11 Pro and fresh MSFS install - problem persists
  • All drivers (for RTX3080) are up to date, page file is set manually to 1.5x RAM
  • Empty Community folder - problem persists
  • No difference between DX11 and DX12 - problem persists
  • Antivirus disabled
  • No matter if MSFS is running as administrator or not
  • Deleting data from MS cloud - problem persists

Sometimes MSFS starts normally (background music stutters but doesn’t stop and loading bar continues to progress) but usually I need to try 3-5 times to run it succesfully (but have to kill FS process manually to run MSFS again).

THE ONLY situation when I have no sound stuttters and loading bar freeze is when I have everything set to default (I mean “factory” settings).
When I set sliders at my own discrection I have issues mentioned above, so it looks like MSFS doesn’t like one of the settings.