Within this offer I would write a contingency stating that you will need access to the property to complete an inspection. 

From everything I read, I understand that it would be accessible through there.

Hello all, I recently did a quitclaim deed to add my wife to the title (May 2019), if we would like to do a 1031 exchange this year, is there any restrictions that we should consider?

Cash has an important opportunity cost if you have a good deal flow, so putting out $200k could restrict you from doing other deals. 

This is something a property manager will have access to along with accounting software for managing the tenants.

You could also add in that you will be allowed access for showings, for example, each Saturday from 1-3PM, beginning July X, whenever you return from your vacation, but if you're doing repairs after they leave, anyway, I'd usually just let them go without disturbing them, especially if they have pets, then put a sign in the yard while I'm working on it.    

Would this arrangement run afoul of related party restrictions?

Depending on the city, size of the rental and location, a 6 Cap is not unheard of, but that would be for say a 30 unit apartment or more.Managers prefer to have lower rent and fewer restrictions as it makes it easier for them to fill the units and keep the tenants.

These have good access to Ferry to SF and BART stations.Are these good investments long term (10 years ) ? 

@Allison MeggisonI would strongly suggest working with a local real estate agent, as they will have access to a great deal of information that will be of use to you (comps, previous sales, rental rates in the area, etc.) when it comes to apartments.