Ratio those jobs per 1k population and normalize the smaller town jobs per 1k.   

There are handicapped services that can help people live more normally (if they reach out to them).

You always need to budget for vacancies because they're a normal part of this business and should be expected from time to time.

At the end of 2019, I closed on two retail spaces in a small mountain skin town ( one houses my boutique - the other is a rental space).

Once that is over it is pretty normal process.If a house is pre-foreclosure and listed, the transaction is normal length unless it is a short sale.

@Laura Yates You're right - the landlord policy isn't going to cover most equipment failures due to normal wear and tear.

The normal course of action would be to file forfeiture, take the properties back, and resell them to someone who can make the payments.  

They have more skin in the game then you do.Make sure you get clear title.

If evictions normally take that long I would highly consider buying in another area/state.Try cash for keys and see if you can get tenant to leave.If you are under contract and have contingencies like inspection or financing you should be able to walk away and not lose your earnest money.If you have the option of walking away offer 2 options1.

I know capex and a few repairs I’ll have to do early but is hypothecation normal or done often?