The loan documents say you cannot destroy, damage, or impair the property, or allow the property to deteriorate. 

Since we're talking about a primary residence , you could also mess up your 121 capital gains exclusion if you sell within 3 years of making it a full rental.More risks than potential rewards IMO.As long as the Grantee entity strictly meets the definition of Insured as shown in your title policy you should not impair the coverage. 

Constitution (applies to the States through the 14th Amendment) forbids impairing lawful contracts.State can make it onorous (sp) to get your money, but it cannot abrogate the accrual of rent or the right to (eventually) get it unless  barred by bankruptcy  

Daughter is in her 50s (guess) with no noticeable impairments. 

But I held my "finger on a trigger for too long" and in a state of fear-impairment never dove into REI ..allot was at stake OR so I thought.. posting to Victoria & Vancouver BC (extremely expensive real estate market), raising two small children on only one average family income (barely meeting the ends), demanding work (out of the area taskings, 24/7 duty)..

He was hands down the most reliable tenant I've ever had.One person makes the decision to drive impaired and gets home safely.

The latter missed defects the visually impaired would detect.Obviously the more detailed the report the better it is for an investor/buyer but what agents (esp listing) hate is using that inspection as leverage to reduce the price (& it could become part of the disclosures).

That's a serious impairment.

A visually impaired person you want to be sure you have handrails that are easily used on entrances and stairwells.

The lender will depend on the appraisal for identifying impairments.