A dime now or a dollar or two later.
I've also got some older places. Here are most of my regular things:
* check shingles/roof after every big storm, also in the spring when snow is done and in fall before snow. Check esp around every skylite, chimney and all vents and pipes for deteriorated caulk that lets in leaks.
* check all soffits and fascia for rot and for missing paint. Repair and repaint as necessary.2x a year
*check all siding for damage or loose 2x a year.
* check all windows for damage and bad caulking/glazing 2x a year.
*check foundation for any damages or termite or pests 2 a year.
*check driveway, sidewalks, fence for damages and repair 2x a year
* check yard - trees, bushes, flowers, grass 2x a year or more if tenant is supposed to water or maintain it.
*check all exterior electric plugs and lights
Inside:
*Check attic for leaks, for disconnected heat/ac vents, for mice, etc.
* check all ceilings,walls and doors for damages, evidence of leaks (discoloration, etc).
*check floors, tiles, carpet, vinyl, laminate for damages
*check all cabinets and countertops for damages, loose doors
*check Check all appliances for clean and damages, esp ice maker lines for leaks and refrig for clean coils.
*check Check water heater, furnace, a/c compressor, tubs, toilets, sinks. Flush water heater if necessary, clean outside ac compressor coils.
* check garage for wiring and garage door and opener for smooth operation. Lubricate garage door wheels and tracks.
*check the pool and equipment
* check your airplane hanger and the jet, esp the hanger doors for smooth operation.
All these at least 2x per year.
If the tenants are lazy, difficult or bad, you'll likely need to check 4x a year or more.
Yes, it's a hassle but a few hours here and there will save thousands.
Also, if you hire a good management company that actually checks, you can just have them do it but there's nothing like you doing it yourself to make sure it's being done.
--97.85.x.xx