The exercise would be different if you were going to flip the property. 

I currently work for a very large medical products company as a Project Manager for our Chinese Manufacturing facility.  

He is a VP at a large consumer office products company and I am a project manager at a Fortune 100 Medical products company.  

I know one and tried to use him for a project, and it was an exercise in total frustration.  

Medical bills?

The bank (holder of the mortgage) is fine with having the condo sold and will not exercise the due on sale clause of the note as long as payments are current.

possibly,but you can talk to the bank about your plans and ask them not to exercise that choice.Happens all the time.

Is the space large enough and positioned that if you were to contact a lab corp or a ct scan franchise company and provide them with lower rent, to latter attract doctors turning your office space into a medical office building to achieve greater returns?

(a) Unless the lien of a mortgage, deed of trust, or otherinstrument that creates a security interest of record in realproperty to secure a debt or other obligation has earlier expiredpursuant to Section 2911, the lien expires at, and is not enforceableby action for foreclosure commenced, power of sale exercised, or anyother means asserted after, the later of the following times:(1) If the final maturity date or the last date fixed for paymentof the debt or performance of the obligation is ascertainable fromthe recorded evidence of indebtedness, 10 years after that date.(2) If the final maturity date or the last date fixed for paymentof the debt or performance of the obligation is not ascertainablefrom the recorded evidence of indebtedness, or if there is no finalmaturity date or last date fixed for payment of the debt orperformance of the obligation, 60 years after the date the instrumentthat created the security interest was recorded.(3) If a notice of intent to preserve the security interest isrecorded within the time prescribed in paragraph (1) or (2), 10 yearsafter the date the notice is recorded.

As an exercise, and to practice running the numbers, I decided to evaluate the investment potential of the house I currently live in and treat it like a live-in flip.