I got an email this morning from a reader who will, for obvious reasons, remain anonymous:

Let me give you a brief history and see if you have some advice from me. I am a physician who bought an investment home in Nevada for 230,000. My note is 208,000. The house if sold would be lucky to be worth 130,000. My note is 1700 per month and rent only brings 900 per month. Credit aside, I was thinking of foreclosure. I don't need the credit. The problem is I live in million plus house with about 500,000 of equity. Keeping the investment house makes no financial sense. I feel like I was misled by a real estate broker. I only have myself to blame. My question what is the chance of them coming after me for the difference being that I have equity in my primary residence and have a well compensated job? I wish I lived in California right now.