https://www.zillow.com/homedetails/4999-Kahala-Ave-APT-265-Honolulu-HI-96816/82487822_zpid/ The HOA is very high $1100/month but the price seems rather low? Yes, it is under foreclosure auction but from the pictures the unit looks well-maintained and in a very good location for rental income. It doesn't mention if it is leasehold or freehold, if the latter what's the catch? But I guess it is leasehold, expiring in a few years.