The sale may not be conducted less than 190 days from the date of default and the highest bidder will receive a certificate of sale.

I was only speaking to the tax implications of conducting things as a business (max deductions) versus personal (few if any deductions).

But, I understand since I'll be conducting business in New Jersey I will be still be paying state taxes in New Jersey. 

I am finding there are tons of tools, technology and resources that make not only finding good deals possible, but conducting due diligence, buying and managing remote properties very possible.

I'd be interested in hearing from both CPA's and Real Estate Investors on this topic.I'm conducting a search for a personal CPA who specializes in REI.

All of that matters with how you really conduct the negotiations. 

Just get an adequate amount of liability insurance and conduct business the right way.

Before hiring the contractor, I conducted thorough checks, consulting a few individuals, including my realtor, who I really trust.

At this point, they’re just trying to keep the insurance companies that are still here from leaving.Randy We paid 303k for the property, that still doesn’t add up for what your saying, I’ll try to give the citizens company a call, thank you for the response  @Mitchell CatoeBe sure to have a 4 point inspection conducted and submit it to your insurance companies.  

@Erik TimmermansCongratulations on jumping in.Now is where you need to be extra vigilant conducting your due diligence.