Assuming you are managing the property well and taking care of maintenance issues, there really is no benefit to either you or your resident from the inspection.  

Real estate investment is parking money as equity for appreciation, tax benefit and hopefully cash flow and inflation hedges. 

It will familiarize you with the basic terminology and benefits.

@Matt W.I think the benefits for the 1031 is obvious, especially since you are carrying a bunch of deferred tax liability.Its fine to change your investment tack. 

But you are not allowed to benefit from the transaction without them getting some of their tax.The IRS doesn't care how much gain you are deferring. 

So it's more of an operational benefit than just financial.

I want to share with you a strategy that not only unlocks the benefits of assuming existing loans but also pairs seamlessly with another powerful wealth-building tactic - House Hacking.

If you were to partner with another more experienced investor to purchase a short term rental, do a cost segregation, and "materially participate" then you could gain the benefits you are looking for without negatively cash flowing, and you could work out a deal where you maybe only have to materially participate for the first year to claim your tax benefits and then you can act as a more passive investor.

I really don't see the hardline advice you're getting of "if they don't sign, evict them" benefiting anyone in this situation. 

If you need to be local to NJ I would stay and reap the benefits of massive rent increases along with huge appreciation.