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In this video, Kylie from Welcome Home Rentals discusses what property managers assess during routine inspections. These inspections are essential for identifying potential problems early and maintaining good relationships with tenants. Key points include checking for issues like dripping taps, which can lead to high water bills and additional repair needs. Safety hazards such as wobbly railings, loose step roots, lifting carpets, cracked tiles, and rotting floorboards are critical to monitor, as they pose liability risks for property investors. The focus is on identifying damage risks rather than minor cleanliness issues like laundry organization.