He told me that he has a larger, unused commercial building in the UIC/Medical District that he owns outright and wants to sell.  

Lower middle class zip code that would be dirt poor if not for Loma Linda University, Loma Linda Medical Center and a VA hospital. 92354 is literally surrounded by poverty.)I Paid $200k for a foreclosure 4 plex in 2000 (got 10% down payment back at close of escrow by artificially inflating purchase price to $224k)current value per zillow is $488k.

It’s something I’m truly passionate about and I walk in every day with brand new challenges across various asset types, from hotels to multi family to medical offices.Of course, this is very different from what I can invest in now.

Loma Linda University/Loma Linda Medical Center is three blocks away and affords an unlimited stream of perfect graduate student tenants who will pay on time, via electronic online payment.  

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Carmel hospital there and if they indeed repurpose that building into a medical school.  

What protects the seller from fraud or sketchy behavior, as the buyer is going to be making those payments directly to the lender is their any sensitive information that can be divulged, and is there a way that I can explain it to my potential seller to ease their nerves and make the deal move more smoothly?

My goal is to actually move out of the country to Switzerland in a few years to support my partner in her medical career.

Some people pay $10,000 a month or more to rent.In Houston for example you have a lot of big companies....some senior people come in for a 3 year rotation....they may have a nice home in UK, or Argentina, or Canada and if they're only there for 3 years, still want to live in a nice place, but don't want to buy and sell.....Therefore they pay the higher rent.Some people rent while they are building.Some people rent while they are in medical school...or starting their practice....or if their medical treatment will take a year or two or longer, may rent a house to stay in vs hotel. 

It can also potentially impact stock market valuations, particularly for sectors that are sensitive to interest rate changes, such as utilities and real estate investment trusts (REITs).If you're investing in real estate with a focus on cash flow and a long-term perspective, the impact of interest rate hikes may not be an immediate concern.