Another factor is home many mortgages that you currently have.

I have been learning about buying mortgage notes and I came across this company "The Note Factory".

This is the only other factor I thought of after I posted this thread last evening.

Honestly I have been cautious about investing here because  Danville is shrinking instead of growing, and  the town has never quite been the same since the textile  factories shut down.  

I've been factoring in the time factor. I

If you are talking pre-foreclosure one HUGE factor is determining which lien is being foreclosed on.

To get an idea of the going vacancy rates, call up at least three property managers in the area of your target property and ask them what the typical vacancy factor is for the type of property you're interested in.

Modular are traditional homes built in a factory and shipped to the site and placed on a permanent foundation.

NH isn't any kind of landlord paradise but relatively speaking it is much better to be a LL up there.Other factor is where do you actually live?  

Industrial plants may provide space for a soap manufacture or a cardboard box factory or a electric motor manufacture, but not a bakery, any idea why that might be?