As far as the purchase itself, from a buyer side perspective be prepared that even an approved short sale will still take a little while to get re-approved for a new buyer, so you'll have to exercise some patience.

Inexpensive condos draw more serious students who don't want roommates - and 2/2 units are attractive with medical students who are on "weird" schedules and sleep, study, repeat is the way of life.

Do not sign an assignable contract until you have had the opportunity to investigate the true value of your property and the legal implications with an attorney.Take responsibility for being informed about the value of your property and the contracts that you areconsidering signing.Distressed Rescue TransactionsInvestors and real estate brokers are approaching distressed homeowners (those behind in their payments, facing foreclosure, or experiencing a medical issue).

If you do leave your home town you might not be able to exercise your RE license outside of the NY state. 

Sounds like a great learning experience, as well as practice exercising that risk muscle. 

I live just south of Atlanta, GA, have a lovely wife and I enjoy playing music (guitar, piano), exercise and trivia night at the local pub.Feel free to reach out to me. 

I just paid off some medical bills and am now debt free.  

However, it is very rare for a bank to exercise this clause and call the loan due.

Just start going to seminars on topics you want to learn more about, events that look intriguing, etc. but exercise some discretion especially when they are charging money. 

We have a 52,000 sq ft shopping center with retail and medical on the first floor, and second floor has professional and medical tenants.