Many of our clients will use one of those spots for a place holder - a property that might be held by a friendly party who would be willing to sell in a pinch.  

They tried saying that child molestation was a "victimless crime", which made my blood boil.

Having just spent a lovely weekend in Door County, Wisconsin and coming from the (comparatively -- okay, absolutely) pricier vacation spot of Telluride, CO, I'm wondering why such a charming set of waterside villages within driving distance of Chicago, Milwaukee, etc., should be so inexpensive!

@Inderpal Chadha hit it right on the spot.  

I currently invest right next to Wauwatosa "Tosa" as the city of is a bit rich for my blood.

Natick is really a sweet spot of convenience to the city and highways, while not being outrageously expensive (although this seems to be changing day by day).

Everyone responding here is pretty spot on whether it is worth the effort to rehab in Waterbury when other CT towns have more pleasant results.  

Monthly Gross from rents is $3200.00 Net is $2000.00. i have a 4 plex, one mobile home I own, and one mobile home that I just rent a spot to on this property.

Not to any surprise, Century 21 had the top agent and the #1 agency spot for dollar volume and units listed/sold.  

I think will you find year round demand vs regular vacation spots with off season lower demand times.