We moved to Ga and purchased a home there not knowing the neighborhood. The appraiser did not include a foreclosed property in his appraisal right next door, and the realtor agent did not tell us about the neighborhood losing value. In fact the value of the home was too high we were told by every listing agent and we could not sell the place. Anyhow, we have moved to Mo and have a home here. We took a big hit in income and simply can not pay the additional cash difference between the rental amount and the house payment. We are considering the option of foreclosure as our savings are now about tapped. We have it rented with a property management company right now, we I am sure they will stick us with a bill too. We don’t want to lose our home here, and we simply don’t have a ton of debt but that house is taking us under. What can we do? Thanks so much for your advice.
foreclosure property management

Answer by LeviathanTM
i would consider renting the house out. If you can rent the house out PER room, it not only would help you in the long run but also help you other rentees.