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In this video, Kylie from Welcome Home Rentals discusses the purpose of routine inspections by property managers. She emphasizes that these inspections are essential for identifying and addressing issues before they escalate. Key concerns during inspections include maintenance problems like dripping taps, which can lead to higher water bills and further complications if not fixed properly. Safety risks such as wobbly railings, loose steps, lifting carpets, cracked tiles, and rotting floorboards are highlighted as major liabilities for property investors. While cleanliness is noted, the focus should be on preventing damage and ensuring tenant safety rather than assessing tidiness.