True I agree that it helps prevent against discrimination.

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.

Also, weekly room checks are not only required but needed to prevent further issues.

If the unit has been inspected, but not deleaded, you also cannot do any construction or remodeling in the unit, they consider that unauthorized deleading and it will prevent you from ever getting a lead cert.

However, if you get a judgment and turn it over to collections, it will sit on their credit report and hopefully prevent them from taking advantage of another Landlord.Just so you know, the judge likely won't award you the termination fees or late fees.

This helps prevent all of those one-off trips to the property to show it.

How can i prevent him from making her take a cash-out refinance, HELOC etc? 

I have seen a few condos that do not have "rental restrictions" but if you read their declarations it says no restrictions on leases that are more than 30 days, meaning they have a restriction and a right to enforce and prevent short term rentals(AirBnB).

Also, in my experience being kind and respectful as opposed to cold/letter of the law, prevents a large amount of retaliatory activity.

They can also show you flood maps, changes in upstream flood prevention work, and proposed changes.