Definitely sounds like a bad situation and a declining area. For your safety and for the safety of your family, I would suggest selling the house at whatever price you could get and move away.
You may take a bath on the sale, but it is better than being afraid for your life, doesn't it? Waiting 2 more years of living in fear until your son graduates will have a negative impact on your health. Move to a safer area to make sure you all will be around to see him graduate.
("boarder" means a renter. "border" means a boundary.)
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