This is the second home you've posted about here that you've gotten emotionally attached to. It sounds like you've overpaid, and overspent your budget -- and now you're in big trouble.
In this market you're going to have a hard time selling, and the rent isn't going to cover the mortgage payment -- So you're going to bleed for awhile either way. Question is which would be less painful?
If you move out and rent this house, you need to move into a 500 sq ft apartment for awhile just to be able to afford all these negative cashflowing properties you have. That's a bitter dose of medicine to take