Hi, we are looking at multifamily homes in Bergen Lafayette and Bayonne now, however the supply is very low.

You can't write off your time, but you can write off the tools, supplies, etc.

(Cartersville, Atlanta, Jacksonville, Chattanooga, Burbank, Glendale) [Seattle, San Diego, Phoenix, Austin, Houston, Dallas] I found an abundant supply of properties in Detroit, Las Vegas, Milwaukee and Little Rock around $50k and less.

It’s just supply and demand.  

That would be necessary to do at some point if no bidders open their mouths at the sheriff sale.And if the inheritance tax is supposed to have priority over the mortgage, which is the case according to the PA Department of Revenue and the letter that @Chris K. supplied in that other thread, then the sheriff's distribution can be challenged on that basis if the inheritance tax is not paid out of the proceeds of the sheriff sale before the foreclosing lender gets a distribution.

The supply of affordable homes in the US continues to shrink.

@Courtney King Thanks Courtney, I actually did supply them with a packet of comps and repairs/upgrades.

Also studies have shown real estate has cycles, and is driven by supply and demand.

The more laws they put in place, the more mom & pop landlords exit the business and the less supply there is on the market.

Demand for small multi-units is high in the DMV while supply is low so pricing can be an issue.