Yes it is a flat screen. I could mount it and I am sure they would allow it as long as I return the wall the the original finish it was. As for distance from the speakers it isn't a huge deal because with my receiver I can make it louder or quieter based on distance. I have been using this set up in a different room for about a year so now I just need to get it set up in this new place.
This floor plan is just tough to get a tv in a good place. But hey what can I do.