Another example of this is Newark, extremely strict laws making land lording a second job.When finding the right area to invest, towns with more lenient land lording laws and proximity to public transportation tend to be a receipt for success.  

This in a desirable town further North.

Seacoast NH, for example, has some great potential with short-term rental markets (Airbnb, VRBO), especially in towns like Portsmouth or Hampton, but the regulations can be a bit tricky.

These are the areas just northwest of downtown (west town, Logan square, Irving park).

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.

For example I am near old town alexandria and the businesses are 200 year old row homes and there is no place to put ramps to get in establishments and door openings are not wide enough, but that is because they also could never comply. 

It's somewhat unusual for a large in town coastal lots or homes on plots of 1-10 acres. - Boutique hotels are on fire.

We are really worried about lack of demand being a continued issue since our town may not even open our lake this summer due to storm contamination 🥲

When that area was built, people flocked to it for it's affordability, but over the course of several years, it became like a ghost town. 

NJ is a big one—places like Newark, Paterson, or even smaller towns have better cash flow potential.