If FNMA, FNMA allows transfer of deed to LLC if mortgage originated after June 1, 2016 and original borrower owns a majority interest in the LLC and any 12 months of owner-occupancy is first met:https://servicing-guide.fanniemae.com/THE-SERVICING-GUIDE/Part-D-Providing-Solutions-to-a-Borrower/Subpart-D1-Assisting-the-Borrower-with-Property-Related/Chapter-D1-4-Transfers-of-Ownership/Section-D1-4-1-Information-Relating-to-Transfers-of-Owner/D1-4-1-02-Allowable-Exemptions-Due-to-the-Type-of-Transfer/1041300841/D1-4-1-02-Allowable-Exemptions-Due-to-the-Type-of-Transfer-09-09-2020.htm

I'll also check out some of the guides listed here by @Austin WolffAppreciate everyone taking the time to help out!

Does MSO tend to stay same location like DSO groups?

One tip: don't force yourself to stay in single-family, but sticking with what you know best for now is good.

Many investors do this and don’t see issues, but it’s best to proceed carefully and know there’s some risk.You don’t necessarily have to inform the lender, but it's wise to consult a real estate attorney or CPA to guide the process and minimize risk.

So many just stayed away from it and its really just been in the last 10-20 years that that has started to really change and take hold in the architectural profession.

Which is guiding my decisions. 

Your ADR will go down but occupancy should always stay above 60%, especially if you are priced right.  

There are a lot of nuances with this type of investment, but between Padsplit, your GC, and an agent, they can guide you through your first couple successes. 

Are you looking to stay in the Boston area?