I can see getting a substantial discount there, though even that may be limited somewhat now, since rehabbing/flipping properties seems to have become rather popular since the last bubble / HGTV, so I suppose there's competition there, too.

http://money.cnn.com/2016/01/04/real_estate/oregon...And still I can find 1% plus along the coast (mls). Hey,  compared to what is out there nationwide ( many burned out cities with bad weather)  this looks very attra...

@Brian Terry SmartMove is another popular on on BP:https://www.mysmartmove.com/

I would also tend to look at property is close to downtown and/or is popular.  

Good as it looks, I reckon the main reason they're not more popular is that even if they'd built a traditional home on the same site, costing $100k more, it may easily have resulted in a justified $899k asking price ie. the same profit as doing it the container-way.Makes more sense for you if you're also the end buyer/occupier, saving a genuine $100k!

@Jerad Gardner  I was going to say the same as Tyson, converted a primary residence into a rental property is pretty popular.   

^Loaded question.....Most popular methods are direct mail, driving for dollars, auctions, tax and foreclosures sales and networking through local rei groups.  

Good call on the money going down the drain while paying rent.Lakewood is a popular city and rental demand is very high, rents are increasing rapidly.Good luck!

Everyone seems to be looking for reliable contractors these days, so you'll be popular here. :)

IF they did, that lender would be VERY popular!