In this scenario the hard-money lender is very safe because he should be able to quick sell the property for the amount of the loan, even if it is mid-demo.The lender is also protected in another scenario, where you can't sell for a good price so you decide to rent it out. 

Another alternative is leasing with a right of first refusal, which avoids most of the Safe Act and Dodd-Frank issues.

Magnetic dimmers will cause flickering The safe bet is to pay attention to the packaging of both lamps and dimmers, it's well advertised what they're capable of on their packaging. 

Yea $1000/mo is a safe estimate and a nice round number.

The mass.gov website states the laws intention as thusly: “The Lead Law protects child's right to a lead-safe home.”

@Martin Gregory,The short answer is: it depends.The long answer is: it depends on a lot of things...Do you feel safe talking with and collecting the rent from your tenants?  

It really depends on what kind of yield you can safely and consistently produce.    

Even though ACH transactions can transfer money in as little as 1 day, it still can take 48 hours to get rejects on some transactions, so the safe bet is to hold all transactions for 48 hours before forwarding them.  

I'm not sure that positive cash flow at $400 a month is a safe enough bet. 

You may need to add much more to be safe.