@Michael Mazzella happy to hear about your success, but for us newer players, this island is priced out of our range.

Although oil companies are still obviously a huge player in Oklahoma, it doesn't seem like the economy relies on them as heavily as they did in the 1980's...which is why the Oklahoma economy was devastated when the price of oil went below $10/gallon. ($22 in today's money).Since then, the state has done a great job of attracting different business segments and industries in order to avoid repeating history.

Is this something you can help me with ...I see your a big time player in commercial and Id like to get to where you are one day.

I saw this was interesting.I do think when he gets a family etc. at some point will need some type of house. I wonder if he is going to invest his millions in real estate or not?? Has to do something with the money.ML...

Definitely look up some of the meet ups in the area and start getting to know the players.  

But odds of it happening without a major player or developer plowing money into it..?

Avoid the national players like Chase or Bank of America.

Check the newspapers for auctions make note of who is doing it they will have a separate website usually several players do many of them.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

if your talking about actual courthouse steps purchases your chances are zero unless its a close friend family etc.I do a little of this but would only consider the absolute most experienced players.. way to much can be missed buying at auction..

Many players are saying - we can't build it for this, and if we can carry it for a few years, the rents will catch up due to end of stagnation of incomes, lower unemployment, and inventory.