But, the note doesn’t have to be in default for the note holder to engage in actively “managing” the note.  

I bought a house a little over a year ago.

You can have some student housing, regular long-term rentals, and even some STRs if you choose.

Keep in mind all these markets are very different than the Cambridge area in terms of tenant base, household income, transit, etc.Happy to connect if you'd like to chat more!

I’m starting to lean more towards private lending as a way to get my toes wet and get my money working for me in a relatively stable way.I’m looking for educational resources or literature.

Leave that loan in place, as long as you've occupied the house for at least one year, you're good to go. 

Large non-refundable EMD will overcome not seeing it in person. 

RentVine is another company starting out in the industry. 

Mainstream homeowner policies won't cover sober living because they don't account for the risk of multiple people recovering in the same home

That being said when you BRRR, you are refinancing in the somewhat near future.