How often do you inspect your rented property?

[Patrick M.]

I have a SFR in a B class neighborhood, my first property. Wondering how often you check-on/walk through/inspect your properties after they are rented? My tenants have been in there about 3 months. I have noticed some scratches/gouges when I have been in the property, briefly to drop off forms, etc.

If you see cosmetic damage do you address it right away? How do you go about getting it repaired and paid for? 

What is the best way to check on the systems, like plumbing etc?

[Andrew Ashby]

One low-key method I like to use is to schedule a visit to change the batteries in the smoke detectors. This gives you a legitimate excuse to tour every room in the property during the lease without being too intrusive. Just order the Amazon Basics batteries in bulk. As for damages, I wouldn't worry too much about drywall, paint, or carpet. To calm your fears a bit, I'd say you can ask for some additional deposit funds as a condition of renewing their lease if you're concerned that their damages will eventually overrun the security deposit. The bottom line is that nobody likes to feel that they're living under a microscope. You want them to stay put and decrease your long term holding costs with regard to vacancy and turnover expenses.