Owyhee is a small Native American village, located in a remote part of northeastern Nevada. Here are some possible pros and cons of homeownership in Owyhee:

Pros:
- Affordability: The cost of living in Owyhee is lower than in most other places in the US. According to BestPlaces, the cost of living index in Owyhee is 53% lower than the US average.
- Natural beauty: The village is surrounded by rugged hills, mountains, and canyons, offering opportunities for outdoor recreation and scenic vistas.
- Close-knit community: The residents in Owyhee are primarily members of the Shoshone-Paiute Tribes and tend to be very tight-knit and supportive of one another.

Cons:
- Limited job market: There are only a few job opportunities in the area, and the village's remote location makes it challenging to commute to other towns or cities for work.
- Harsh climate: The climate in Owyhee is dry and desert-like, with temperatures that can reach up to 100 degrees Fahrenheit during the summer and nights that can be very cold in the winter.
- Limited amenities: Owyhee is a small village with limited amenities. Residents will not find many restaurants, shops, or other forms of entertainment.

It's important to consider your priorities and lifestyle preferences before deciding to purchase a home in Owyhee or any other location.