I can tell you from experience, if by some chance you can negotiate a short sale, if you put one dime in your pocket outside of closing, you could have a roommate and share a bunk in a state facility that feeds you three times a day.

Marvin There are so many things to consider, the way I will go about it will be by acquiring a debt weapon, home equity line of credit maybe for 20,000 and use that to pay down your principal there are some good youtube videos that will explain how to pay down your mortgage faster and save thousands of dollars in interest, but you need to have at least $500 of cash flow each month for that to work or use that to pay of a car payment faster anything that will increase your debt to income ratio so you can start saving more money each month cut down your monthly bills pay off all credit cards anyway you can i will try to get out of any car payments sell the cars buy a use one before selling the house, rent a room is a big house. obviously like i said lots of things to think about do you have kids so maybe a roommate wont work and your finances with out looking at them is hard to plan but I will try to make that house the investment get created if you have good credit that’s exactly how i started i hustle pay down my principal using the HELOC technique and when my equity become more because of lowering the principal I call my lender and increase my HELOC amount to the point that i was able to buy a house cash using the HELOC my HELOC became my checking account and i was paycheck parking all my income in the heloc is hard to explain what i did in a text but i hope this help you in getting created and into looking at more information before you sell or selling is the best way to go about it.

(scary thought)   Roommates are a whole different animal .  

I lived in an apartment in Woodbridge about 12 years ago and I found a roommate on roommates.com pretty quickly. 

Get room mates, to pay off the debt.

Or even just getting her roommates in a house with a layout she’d be comfortable with enough privacy. 

Not sure you'd be able to pull off an additional $1k profit on a three family while living in one of the units unless you take on roommates in the one you're living in. 

@Cody Bain I think it is a great idea and wish that I would have bought a home and rented out my rooms to roommates when I was in flight school in Pensacola.

That obviously puts you in a closer situation since you're actually sharing living space with roommates, but it is still an option depending on what you're willing to do.

Had a bit of bad luck after renting the place for 10 years, lost his job, lost his roommate/s.o., and became late on his most recent rent.Personally, if the house was in pretty decent shape at move-out (accounting for normal wear-and-tear over the past TEN years,) I would be okay with returning his deposit.