New Real Estate Investor in New England

[Deron S.]

Good evening everyone!  I am an aspiring real estate investor in the New England area currently searching for my first property.  If anyone is investing in Maine currently, I'd love to touch base!

[Ed Emmons]

@Deron S. above you referenced lead paint. You do not need to get rid of lead paint in Maine before renting it out. The only concern is with young people real young and if you encapsulate it meaning have no peeling paint no chips but you covered up with a latex paint you should be fine. Sometimes it’s only around the trim areas and it would make sense to replace the trim but that is usually not the case. 
if you are renting to low income tenants with children Who like to put things in their mouths and they have had lead paint poison from a previous landlord they can test the child and if it comes up positive, they can come back to your place. Even though the poison didn’t come from your apartment. So you definitely don’t want peeling or chipped paint anywhere that a young child could eat it. It is just good maintenance practice anyway because people can have visitors come over and run into the same situation.