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OP - you may want to consider doing a short-sale. You'll have to cut your losses, but given your situation (i'm sorry it sucks) it is the lesser of the two evils.
Another thought...are you willing to move into one of your other properties? Granted you have to move, but at least that way you aren't leaking more money by paying rent in your current residence. Not sure if that is practical though, but sometimes smart financial choices outweigh "preference". One more thought...did you rent to any tenants in your other properties? You may be able to write that off as capital loss on your taxes. |