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Lead paint is covered as a loss by many insurance companies but varies based on the coverage. This is a highly toxic material which is known to cause many health problems.
Phenol formaldehyde resin paint is a synthetic paint. As the paint cures, it releases toxic gases. Once the paint appears to be dry, the paint continues to releases gases in small amounts for up to six months. This can create health problems.
yes.
yes
Yes. Clean and degloss the oil based paint, apply an oil based primer, then apply the water based paint.
It isn't so much the type of paint, its the finish on the paint, you want a tough durable finish for a Bangle. TIP: if you use a oil based enamel, use a oil based polyurethane finish, if you use a water based enamel, use a water based polyurethane, Make it a rule of thumb and you will never have bubbling or peeling problems.
. Acrylics ARE water based.
YES. Paint fumes contains VOC (Volatile Organic Compounds) which causes health related problems. Particularly glycol ether. Avoid painting the house. Considering low VOC paints might be an option.
Generally, water based paint dries faster.
oil based
Lead based paint is paint that has a significant amount of lead (Pb) as a constituent of the color pigments in the paint.
You can but it wont last, you will have a bigger peeling mess.