There are quite a few solutions out there so that even the most tech challenged person can pay electronically.

It is my understanding that people refinance and then use those funds other ways (personal living, investing, some to buy another property) as a means to minimize tax obligation. 

Appreciate if any personal experience can be shared that triggered the need.Thanks

I've used to it myself to analyze all of the 35 units I bought over the last few years and personally talked to 100's of other investors who've analyzed and closed on great deals using it.I'd love for you to actually try it and would be happy to receive and incorporate any feedback you have into future releases.

As of October 2024, 75% of remote work employees now have some sort of in-person work requirement, up from 63% in 2023 (Source).

In the event that there is an emergency, the person would need to be able to exit the apartment via the window.

Some manufacturered companies treat it as personal property not real property.

depending on where you are in NJ you might have the Lehigh Valley in PA a couple hours away, or Delaware, etc. you can go to meetups, see places in person, and start to build a network.

Quote from @Pixel Rogue: Personally, I think you are over-thinking this.

@Michael Plaks comments in this recent post on making sure the person you hire understands real estate sounds really relevant to your situation.