What Does a Property Inspection Cover?

When you are thinking of buying an investment property to rent out as an Airbnb in Scottsdale, AZ or another kind of rental property, you’ll want to have a property inspection done. A property inspection isn’t always mandatory according to your lender, but they are recommended. The following are some things that the property inspector will look at.

Windows

The property inspector will carefully assess the condition of the windows, looking for signs of insulation failure. They won’t necessarily inspect every single window in the property, but enough to determine the general condition of the windows.

Fireplace

Fireplaces are also thoroughly examined. Property inspectors check for indicators of wear that suggest a fireplace hasn’t been cleaned or maintained on a regular basis. They also inspect for potential fire threats, such as creosote accumulation on the walls of the chimney.

HVAC

The complete HVAC system, including the heating, cooling and plumbings systems, is examined by property inspectors. They’re specifically searching for signs of corrosion, leaks, mold development, and ventilation issues. In addition to the major components, they will thoroughly examine the tubing and wiring connections.

Electrical Problems

The electrical connections in the property will be examined by the property inspector. Any evident electrical issues, as well as situations that violate local and state construction codes, such as the absence of GFI outlets in rooms with running water, such as the laundry room, kitchen and bathrooms, will be documented. Every outlet, circuit breaker, fixture, and switch will be inspected.

Hand Rails and Banisters

The stability and proper installation of safety and guard rails and stairway banisters will be checked. This will include problems like shaky banisters that are not tightly connected to the walls, or areas where one or more balusters are missing. The property inspection report will also mention areas that should have safety railings but which are lacking. Railings along balconies, deck and pool areas are examples of locations that will be assessed.

A property inspection will help to ensure that your potential new rental property is actually a good investment. Once you are ready to start accepting tenants, get property management services in Scottsdale, AZ so your passive income stream can begin! Contact us for more information to get started.