In my opinion, at least in the beginning of your investing career, it usually makes more sense to invest locally as it gives you more exposure to the industry you're involved in. 

Seek another servicer.If it REALLY is only a 2.5 ton (30,000 BTU) system, it's probably undersized by at least a ton (12,000 BTU) for a 3-story house, depending how far north in Ohio the home is located and how much sun exposure it has in the course of a day (roof area, windows).

Following an owner strategy at the beginning can give you exposure to more deals and allow you to potentially move into lending in the future.

My goal is to stay in the deal as the exclusive broker, and all around gopher/student of the out of town developer to learn the process and gain exposure from the marketing.

And the most exposure through Zillow as it pushes to sites I have never heard of.

Well the mortgage saga continues… It seems that lenders are now taking proactive moves in an attempt to reduce further defaults… So I am told… I have a rehab lender telling me they don’t want to advance rehab funds because they are “cutting back on their exposure”.

Being listed on the MLS serves no purpose in developing exposure/awareness of your property with the buying public in NY, and you should insist on a committment from your real estate agent to market/advertise in mediums that buyers are more apt to see it (buyers don't find homes via the MLS, agents do).

There are 2 currently for sale in the same complex, one has great location, great exposure to the sun and is all around better.

The people I have met that were home schooled were academically smart as heck and good people but reduced exposure to real world social skills, especially in peer groups, caused them to be severely lacking in their early years and thus were years behind in that department.Not all though, one set of parents made that an important part of their home schooling program and the kid could read someone faster then a ghetto con man and quickly let me know I had misread someone and saved me some time and money.Point is real estate brokering or real estate investing is a people business and that is where you should focus be it college or the workplace.

Again, exposure to the capital loss limitation here too.For a C Corp, capital losses are allowed only to the extent of capital gain.