Investing long term is a wealth diversification strategy, not a lifestyle decision. 

Talk to local investors – Word of mouth goes a long way.

You are correct that prescribed expenses reduce UBIT, but for how long? 

What minimum cash flow or ROI do you require to make a long-distance rental worth it?

And they are obsessed with paying it off, even if that is the last thing they will do. 

Looking at data from the last six recessions, you can see mortgage rates fell each time (see graph below): But here’s what those buyers may not be considering.

Even had a couple folks from Columbus, PA and Florida in the last meetings. 

@James McGovern That's one of the dumbest things I've heard in a very long time.

I assume your free rent for a remodel situation is not going to last beyond the remodel (maybe I'm wrong) so you will in some short order need a place to live that your son also can come stay.

Keep an eye on the market...