If you completely trust your tenant, inspections probably are not needed. But it is difficult to know who to trust when you rent to a stranger. If you dont inspect every now and then how can you be certain the tenants are not trashing your investment? How would you know if they are cooking meth? People are the perfect citizen when they want to move into a rental, then a year or so later you find your investment has become a miniature landfill and the tenant has vanished. This poor lady did not keep an eye out and look where she is now! And if you can find an 8% company in AK, I would like to meet them.