Hoping some knowledgeable individuals can chime in on a particular issue:
I have a house in coastal Southern California. It was built in the late 1970'S. Split level design so 2ish stories over about 24 feet in total. Exterior is plywood sheets with 1x over all the seams (believe this is called batten board style).
During various works I've had a chance to remove some of the 1x. I haven't seen any evidence of flashing used beyond over one of the doorways.
Issue: I am looking to paint the whole house. As part of that process I was thinking it would be best to caulk much of the trim work. My plan was to caulk vertical the upside of horizontal trim work but leave the bottom edge of horizontal trim work to allow the water drainage/vapor.
However, the limited research I could find online was inconclusive on whether this the proper approach. It appears that the concerns are creating a situation where moisture can't escape. There is also some concern regarding movement of wood. Given that the plywood itself is likely very stable given its nature, I'm unsure whether this concern is applicable to my situation (versus solid wood siding).
My goal is to minimize water damage and minimize options for termite intrusion. Given my location, the termite issue is the higher concern. We don't get much rain, but the house already has had significant termite damage.
So, safe to caulk as I outlined above or am I encouraging trapping moisture, which would likely make termite issues worse on the long term?