Hello David, it’s definitely a good idea to walk-through your occupied rental properties. Some items to look for:
1. Number of occupants at the property vs how many tenants are on the lease agreement.
2. Pets at the property (and whether they are on the lease).
3. Smoke alarms, CO alarms
4. HVAC Air Filter - note the size and whether it is new.
5. Check under sinks if you can, many times slow leaks occur there that go unreported.
6. Sanitation Issues (Not messy or untidy, but real sanitation issues that affect the habitability of the home).
7. Signs of pest issues (Cockroaches, fleas, rodents, etc.)
8. Ceiling stains, which can indicate leaks from above.
9. Any sort of surface damage: holes in drywall, carpet stains, damaged blinds, etc.
10. Ask the tenants if there are any issues they have noticed and would like to report.
In general, I would take as many photos as you can during the walk-through. Documentation is very important, and sometimes an issue will pop up later and you will want photos to reference back to.
I would also add to be conscious of the tenant’s privacy and remember that it is their home too. It’s really in the tenant’s best interest to have a periodic walk-through, but I know sometimes it’s not perceived that way.
Good luck!