After receiving the notification of change in servicer, the borrower called with a desire to stay and reinstate.

And 2: is it stupid to delay or change my education to get into real estate sooner?

I have no idea if you intend to buy-and-hold, flip, or do something else, but you'll have time to change it in the future. 

If yes, I work with them on the new rental rate, any changed terms, etc...2.

Ha ha Account Closed- people do call me JZ...may be I should change my signature :}HML is a great option for flipping or flip and holds. 

@Ilona Davidovich sorry to hear about the issues with the change over of CPA- that's never fun!

He is working for the bank to change locks, mow lawn, etc. the bank foreclosed after the owner died.

Think about working with a mailing list broker to make some suggestions.Also be sure that the list you get has been run through the National Change of Address (NCOA) so you don't waste printing a postage mailing to bad addresses.

They claimed the "rules have changed" and we would see a longer cycle this time.

Well many people Love PDX for the life style , Metro and cities have artificially crimped supply.. and that is not changing anytime soon.