Seemingly strong businesses have buckled under the unprecedented economic conditions, a consequence of stay-at-home orders and social distancing.

It's about an hour from a national park and 3 hours away from a major economic hub. 

In my personal thinking I'm working to base my decisions on the observed past and the probable future, which leads me to believe that the rental market will be unfazed or even benefited from the economic crunch (which should affect the number of people who can purchase, pushing or keeping several more in the renter pool)

Economic Update(Monday, August 10, 2020) The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead.

The markets that you mention are all traditionally considered good cash flow markets but they are very different in terms of their economic and demographic fundamentals which are important for long term hold.

The sheer amount of need in this time of crisis is staggering.

Also, having privacy in the back or even a view adds to the value.They are an economical hotel alternatives for families and especially popular now during Covid since they have private keyless entrances.

I'm curious what some of the more experienced investors would propose, especially given the current economic conditions.

@Dick Rosen - yes, I'm still seeing strong competition from buyers in my markets, which just seems completely disconnected from the reality of the current economic situation. 

Everything can be passive income as long as you know how to automate.Now if you buy your houses with your own cash and the market crashes, put a tenant in there till the crisis is over.