Now of course, you can look at the face value of some properties and pass it pretty easy, but I wouldn't pass on each deal this way.

You're not sweet talking anyone at a tax sale...that's where the money talks....high bidder is the winner.If you don't have access to money or assets, one thing you might be able to do is go network at the tax sales if you are willing to put in sweat equity to build up cash on your first few deals. 

The only scenario I could potentially see it being an issue is if you requested a full appraisal to be completed for a higher value. 

Have you looked into working with any local businesses to provide discounts for guests and piggyback off their customer base?

You'll have to admit no it wasn't, and there goes your value.

It is HIGHLY recommended that a licensed plumber review review the findings and recommend any repairs necessary prior to the end of your due diligence period."

If you have had positive experiences with insurance providers in the area or know someone who provides excellent coverage tailored for vacation rentals, I would be grateful for your recommendations.Additionally, during the property inspection, we found a few minor repairs that need some attention before we officially welcome guests.

They are providing the money for the down payment and have in fact already transferred $100K to an account in my husband's name. 

@Ashley Guerra - I live and invest outside of Philadelphia, so I can't comment on your specific markets in central and south Jersey, but can provide my perspective on things to think about to help your decision.1) I would consider speaking to 3-5 people/investors in each market you are considering (central and south Jersey) to listen to their thoughts on pros/cons of the area and how they invest.

Look into a skip tracing company without a long-term, high-priced monthly commitment, and flexible pricing that returns, landline numbers, wireless numbers, and emails, all sorted and identified.