I'll do a visual all of the time. If I suspect a bad trunk, I thump with my hand, handsaw, stick or hammer. Another part of the thump test is to put your hand on the other side of the tree. Get a feeling for what the sound feels like. In decayed wood the dull sound will feel different.
A way to build up a stockpile of information is to go out in the wood yard and pound on a lot of logs. Do the same when a takedown is on the ground.
If you ever need to find out how thick the shell of solid wood is on a takedown. you can drill the trunk. But, most of the time, there isn't a drill available. An option is to bore into the tree with a chainsaw. Have the bar vertical. This only makes a slot in the trunk and doesn't significantly reduce the strength. This is a last resort technique.
We don't have a lot of problems with armellaria root rot here in MN. If you do in your area, a little time with a shovel is warrented.
Tom