The homes are not popular, the land is.

Contrary to popular but very misguided belief, getting to people facing foreclosure "early", is actually the least effective point in the process.

The property is located about 30 minutes out the door and through the gate to a popular tourist mountain town. 2200 square feet, built in the late 90’s.I’m not sure why it happened, but when I purchased the land, I purchased the ownership and rights to the well that supplies the house.

I think it depends on if your in the business or you have a day job and your investing as a side line or as an alternative to other main line investments like stocks bonds and closely held companies.It seems to me those of us who do this for a living appreciation and or really forced appreciation is the play.. either buying cash flow properties that have been miss managed ( probably like what@Cody L. has done in Houston turning them around raising value through better financials refinancing them.. that's quite popular..Or others that are like myself developers.. we take raw land create subdivisions and build homes and work on a X factor not a rate of return factor..

Jason Pinkerton World's least popular answer here: buy a later-build income property with a ridiculously high percentage down.

Are FSBOs popular there?  

This has obviously become a less popular way to do the scam as there's no way to do it that way without the negative effects following you around.  

On Oahu, high demand is usually best with easy access to military bases, or in popular school districts. 

This is why it's a popular place to invest in for people that live in expensive cities in Southern CA, it's a short drive away and the rental numbers out here are much better. 

Looks like a popular spot.