Lead paint in a rental?

[Account Closed]

I'm thinking about buying a house that was built in 1901 for a rental. It is in very nice original condition, however, has lots, and LOTS of peeling paint throughout. Realtor just assumes at least some of it is lead paint. Many many layers showing through.

If this was my own home, I would not be that concerned about having a painter scrap off any loose stuff and give it a good thick covering of fresh paint, leaving lead paint in place.

Is this a bad idea in a rental? Do I even need to consider what the cost might be to completely remove the lead paint instead of just covering it up? Obviously, I would be careful in the future to make sure the paint is maintained in good condition. Is this just asking for trouble?

[David Chwaszczewski]

You need to make sure the paint is sound.  No chips, or peeling etc..  You will also have to disclose that in your rental agreements that there is lead based paint and also information on lead based paint (you can find on websites and print out).  Have your tenants sign a document that they understand the risks of lead based paint.  You should be good to go after that.

Other option is go over the existing wall with 1/4 drywall and seal it up instead of rip out.

Good Luck!