Waipi'o is sacred ground, full of historic events. Today, Waipi'o is a place evolved from the combining of two cultures; Hawaiian and Western.
There are those few who still live a vivacious life in Waipi'o, harvest taro for poi weekly, (we thankfully still have ohana who work the land), and find refuge in this sacred area.
It has also turned into somewhat of a tourist spot. The improvements of late have been a long time coming. As long as all who venture to Waipi'o remember the meaning of "sacred land". It is truly one of our special places on earth.
Those who purchase land there should expect some "visits" from kupuna, aumakua, and the endless visits of warriors who frequented Waipi'o. The "tall warrior" may tell you where to plant, where to live, and provide protection. There are others who frequent the area, as folklore will tell.
Sacred ground indeed. When land is purchased in this area, you are the "caretaker", and must understand what comes with being an "owner" in Waipi'o.
Please do some research, both in the Western terms (ie. leases nearby, adjacent parcels, insurance, neighbors, etc.), and our Hawaiian culture, prior to any purchase. Waipi'o can be quite a challenge,
unless the understanding of the area is accepted as part of the purchase. Quite similar to Kalapana.
Here is a brief description of the history for your perusal:
http://gohawaii.about.com/cs/bigislandla...valley.htm
JMO. (With all due respect)