Rental Market in Southern Oregon (Ashland/Talent/Medford)

[Spencer Wells]

I would love to hear the feedback of buy and hold rental property owners in the Southern Oregon area.  Doing my research and running a number of analysis of multifamily properties available around the area, the numbers seem to pencil out well.  You can get a fourplex in the range of 250-350k.  I am seeing cash flows of around $500-800 per month, and has high as $900.

The only thing that concerns me is the economic growth of the area.  The main industries are healthcare and small business, and I am worried that finding quality renters is going to be an issue.  If anyone has quality economic data on the Southern Oregon area, please share link or info!

I would love to share my analysis with a more experience investor.  I have made an excel proforma that is similar the BP calculator and allows me to plug in some very detailed numbers regarding maintenance, insurance, CapEX, vacancy rate, etc.

Look forward to hearing the comments!