Waterbury taxes are high but there is a lot of bang for your buck.  

@John Brogan as ridiculous as this sounds (ive been in a similar position) you seem to be a successful business man with a very healthy buisness (im guessing you have a couple friends that have a few bucks borrow from them and give them a nice 10g slice of cake when its all done for the help) Goodluck

It might cost a few bucks but you know you will be safePS make sure you have all your out clauses in the contract Hope this helps and feel free to reach out with any more questions

I learned to focus on making money, not saving money.Learned this as I sweated away painting a unit during a turnover, while my family went to the park, all in the name of saving a few hundred bucks. 

Others express passive interest and not really pay much attention to your interest unless you have thousands of bucks to spend... or dropping the ball if you look at distress properties, short sales, etc that require long time to close. 

@Rick Jones If you have the funding to do one of these projects, go for it, but the competition is stiff and in an area where values are mature and high, it will be tough to get a "below market" deal.  

You would see a sandwich that costs 50 cents in material is charging you 6 bucks. 

The bank's strategy was to lend money to a borrower who can and will pay it back with interest on or before the agreed maturity date.

The easy money is gone, appreciation is slowing to reasonable rates, and I think a lot of investors are struggling to figure out how to make a buck without that 30% per year appreciating.

You can get more bang for your buck and make a slow and steady income regardless of what happens to the rising and falling property values.