I am focused on Hawaii now, massive amounts of under-utilized farm land that can grow anything with crazy low property taxes.   

Look no further than San BerdU  and Riverside counties hundred thousand plus vacant parcels.. if not morealso look up Lehigh acres FLA  200,000  and parts of Coral Gables.. you will be blown away by the google earth of those Massive land projects that were done in the 50s.  

This is all great on paper, however there is still a massive challenge in accurately assigning a token to each existing property and its respective owner.

A 100 year old property and a 10 year old property have massively different amounts of repairs needed in most cases.

Based on how you think the overall economic situation will change going forward, you may choose to ride it out (expecting insurance will drop, rents will rise), or consider harvesting equity and redeploying it in a property with a better ROI & ROE (return on Investment / Return on Equity).Here in Louisiana, post-Hurricane Ida, rents skyrocketed due to the massive increase in demand.

Fiscal year ending June 2015. 

What do we see in those years - a massive spike in divorce.

. $800 vs $200 is a massive difference.

I don't even see decent properties at auctions and I think our government has been bailing most people out and have been giving them a massive amount of cash (so I heard). 

Don't discard the deals on there right away, but don't be surprised if the deals are massively overpriced sometimes.