Coeur D'Alene / Spokane Rental Market

[Ben Jones]

Hello BP Community! I live in Sacramento, CA but am looking to invest in Northern Idaho and/or Spokane. "Someday" my wife and I would like to relocate to Northern Idaho, but in the meantime we'd like to begin building a base of rentals in the area. We're interested in duplexes in CDA and perhaps student rentals in and around Gonzaga. We would of course be out of state investors for a good chunk of time, so was curious if anyone can fill us in on what the market is like in CDA and the Gonzaga area of Spokane - recommendations of areas to focus on? What kind of cash flow you could generally expect in the 200-300K / 20-25% down range? Are there property management companies in the area willing take on 1-4 doors? Recommendations on realtors focused on investment properties (preferably ones who hold investment properties themselves)? Any information would be greatly appreciated, we're heading up in mid-October to begin the search so just trying to get our feet underneath us before we make the trek. Thank you - Love this community!