Questions about the market

[Andrew Vargas]

Recently I have been looking at rental property in the Spokane area and I am shocked to see some of the prices. The homes I am looking at are extremely cheap compared to those in my area. For example, I am looking at a triplex for 99,000 that doesn't seem distressed by any means. This is not a rarity, either, it seems like. Properties like this are plentiful on multiple listing sites. I'm not from the area so is there something I am missing here? Are these prices based solely on location?