Most likely yes due to the 100 mile rule but it is subject to underwriting approval.

Sorry I missed those earlier posts on the subject.   

Seems like the short term rental is the way to go if I want to move forward on the property but am hesitating as we are going into winter and most of these local attractions go dormant quite a bit due to NE cold winter months.Would love any advice on if using this property as a short term rental in my area could be successful despite a good 4 super cold months where people dont frequent these attractions as much?     

Right after I closed, I transfer it from my personal name to my 100% own LLC.Recently, someone mentioned doing that will subject to some kind of transfer tax or stamp tax?

If you're presenting an offer and the other party accepts, you have a binding contract that is subject only to the contingencies you list. 

That is another subject I have read a lot about and follow what Warren Buffet has done, and trying to adopt similar strategies for my own investing.

If you are 1031 exchanging, you can do it at any time, subject to the identification rules of 1031.

@Judy Parker there is an attorney in Morris County that specializes in NJ tax lien issues, Micheal Pellegrino is his name, he wrote a book on this subject as well (NJ specific).

A lien under this subchapter does not attach to:(1) wearing apparel;(2) tools, apparatus, and books of a trade or profession;(3) schoolbooks;(4) a family library;(5) family portraits and pictures;(6) one couch, two living room chairs, and a dining table and chairs;(7) beds and bedding;(8) kitchen furniture and utensils;(9) food and foodstuffs;(10) medicine and medical supplies;(11) one automobile and one truck;(12) agricultural implements;(13) children's toys not commonly used by adults;(14) goods that the landlord or the landlord's agent knows are owned by a person other than the tenant or an occupant of the residence; and(15) goods that the landlord or the landlord's agent knows are subject to a recorded chattel mortgage or financing agreement.

I am struck by the difference between what a lot of the people writing here did/are doing and the common pattern we see people new to real estate so frequently ask about here on BP (but also locally for me here, in Allegheny County where the 'Burgh is, median home value $214K).