What type of inspections primarily evaluate a property's condition?

Physical inspections are primarily designed to evaluate the condition of a property. During these inspections, property managers or inspectors conduct a thorough examination of the building structure, systems, and various components such as plumbing, electrical, and roofing. This hands-on assessment allows for a detailed understanding of the property's current state, helping to identify any maintenance issues, safety hazards, or necessary repairs.

The focus of physical inspections is on the tangible aspects of the property—what is observable and measurable. This is crucial for maintaining the property’s value and ensuring compliance with health and safety regulations. Regular physical inspections help in planning for future maintenance and budgeting for repairs, ultimately benefiting both property managers and tenants.

While routine inspections may assess regular wear and tear, they don’t delve as deeply into the physical condition as physical inspections do. Remote inspections rely on technology rather than on-site visits, thereby lacking the comprehensive evaluation that physical inspections provide. Internal reviews might focus more on operational practices rather than the actual physical state of the property. Hence, physical inspections stand out as the method specifically aimed at evaluating a property's condition comprehensively.