Renting Out Primary Residence in Year 1 - Help Me Avoid Fraud!

[Austin Lynk]

First, thank you for taking the time read this snipped and consider providing advice.

Situation:

I purchased a home as a primary residence this year. The lender requires me to live in the home for 6 months and 1 day (majority of the year) to satisfy the primary residence requirement. They assume this is the first 6 months and 1 day, but it's generally considered a grey area as far as 6 months and 1 day at any point in the first year - I'm okay with taking this risk.

Question: 

Can I rent out the home the other 5 months, as long as I'm satisfying the primary mortgage requirement from the lender? Given I will have the report rental income to the IRS (since it will be more than 14 days), will they have any concern seeing this is year 1 of a primary mortgage and it is being rented? Could this trigger an audit / flag for mortgage fraud?

Ultimately, I want to get this home on the rental market ASAP which avoiding prison. 

Thank you for your thoughts, feedback, questions and advice. Sincerely. 

Austin