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Updated over 8 years ago,
Worth buying rental property with lead status unknown?
When is it worth purchasing a rental property when the presence of lead paint is "unknown"?
There are cities in MA where nearly every buy-and-hold investment property was built during the days of lead paint. The gross majority of these have not been tested. I am under the impression that lead paint remediation can easily run $30k or more. but it is hard to find exact numbers.
How do you handle lead paint risk in your investments?
Thanks for taking the time to reply!