The comments that followed were extremely depressing.

Kinda depressing...Thoughts?

I'm going to disagree emphatically with @Steve Morris if you are in the wrong, tenants (and most (non-disordered) people) will respect you, if you apologize and fix the problem. 

My one thought harkens back to a program that came out of the great depression.

I get a little depressed each time I visit because it was a great place to grow up and it has such potential.

It might even depress or hold your development temporarily because demand will shift to the new development.It sounds like you have a plan for your next investment. 

I have been reading a lot of blogs on BP as well as articles on other sites and watch videos with people like Harry Dent, Mike Maloney, Ray Dalio, and more and they are all making predictions about a depression worse then anything that has ever happened.

This was a depressing story.

They meet my basic criteria but I can't help but shake my head knowing I am paying more than I would like to be comparative to last year.Even the depressed areas which normally have pages of active MLS listings it is now usually filled with pending houses.

Wildwood is generally cheaper but the rents are not that much less.Wildwood is different from Wildwood Crest, it is more depressed and more in need of some love.