"due to law change"; what law change?
The law, presently, excludes SHORTSALES from Deficiency Judgements;
So if you keep it LISTED as a Shortsale, you should not only be Okay, but the Bank will probably draw it out for another year.
You can make whatever you deem as far as leasing it out.
But, it would also seem, that you are not listening to the "advisors" you already have.