Years ago I came across a similar situation. I generally do not give sheds contributory value in my reports. The shed in question had some peeling paint and other issues, and I called the VA regional office about it. They basically said, just because I don't give value to the shed does not mean that some child would not be able to go back there and eat some lead paint off the siding and cut some body parts on broken windows of that shed. I got it - all sheds I inspect must meet MPRs, regardless if value is attributed or not.
While were on the exterior stuff that usually has not much value, if at all. Wooden Picket Fences? Do we require paint/cover or not?
The last time I painted my little 3 1/2' high fence around a garden (rabbit/deer deterent with some chicken wire like stuff up to 2 1/2')
it took almost an entire day and 5 gallons of stain/paint. It's 20 yards away for the dwelling. No one is going to crawl, toddle or be left
alone to ingest pealing paint.
Photo, mention in report, make no conditions and move on????? Yes