Your place can be wrecked by time the next section 8 annual inspection.

as stated earlier, first you need to know what the home is actually worth, even if you have to bring some $$ to the table, your getting rid of $800 outflow on that property.You might be surprised what its really worth,I have often seen zillow off by 30+%.You basically have two options, sell the house and take your lumps, or go into foreclosure, which will wreck your credit, and they could go after you since you obviously can make the payments.I would also check every available plan that might be out to help on refinancing,,I've heard of some crazy modifications out there, make sure you have researched them all.

All it takes is one night and a few people to get in to completely wreck everything.

But then you're wrecking the seller's credit and probably getting the lender to foreclose, too.

Or, you might have an ugly eviction where the tenants wreck the place and your expenses could be much larger than the rents you collect for the year.

One idiot wrecked several expensive windows eventhough I told him to stay away from the windows.

I have some friends that made an offer on a wreck of a house as OO's.

In which case you'll either help me try the liberalism out of J, or help J try to convince me that laissez-faire capitalism will lead only to wreck and ruin. =)

Or the one that leaves but wrecks the place on the way out.

OTOH, you're not going to wreck your unit.