There are a number of different reasons why it is important to schedule an annual safety inspection. The main reasons are to make sure that:
1. The property is up to code for both health and safety: check smoke detectors/Co detectors, fire extinguisher
2. Confirm that the property is being taken care of properly
3. Check for any needed maintenance
When scheduling inspections make sure to provide proper notice. It is important to give your tenant the opportunity to be there with you during the inspection so they can point out any needed repairs, etc. If they cannot be present ask them to send you a list prior to the inspection so you can take a look when you are out there. Also, use this time to chat with them about future plans. Are they looking to renew their lease, or move out at the end of the agreement?