If I keep the house in my name and use it as a rental, would I need to do anything other than notify the lender and adjust my homeowners insurance to reflect the house is a rental? 

Without running any specific numbers yet, and ignoring my 200k loan repayments for now, if I my rent income minus property taxes, insurance etc and everything else related to the expenses of the property (again, ignore the 200k loan repayments) comes out to anything beyond 12000 annually in the first year I'll probably be relatively satisfied with that outcome. 

In my case this week this was full title insurance for me as a lender in 4 hours which as stated is the fastest service I personally have gotten.

@Kay S.Assuming you are getting title insurance (which I recommend) the closing costs will be similar to a traditional closing.

Can anyone provide insight on the average cost of insurance for Airbnbs with pools in the Boston area?

It’s a solid option to boost your chances of actually reaching the homeowners you’re targeting.

I do not want to police the house; the nonprofit will make monthly/quarterly visits to insure their specific rules are being followed. 

This is why you have insurance, and use LLC protections.

Forget Title insurance. 

Can name their brokerage in there also to go after insurance.