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Drying alone can take 1 to 4 hours to dry to the touch per plaster layer, but some types of plaster take several hours longer to dry. However, this doesn’t mean the job is done because plaster doesn’t fully harden until it cures, which can take a few days to a couple of weeks. It may take even longer if you’re building a new, pretty thick plaster wall. Allow the plaster to cure before painting it.

Plastering lasts for around 15 to 20 years without needing repairs or maintenance in most cases, and with proper upkeep, plastering can last a lifetime—sometimes more than 100 years. Plaster repair costs between $1 and $3 per square foot, and you may need these services once every 15 to 20 years or so unless you have a harsh climate where humidity changes are a constant issue. You can also opt to skim-coat plaster for between $0.90 and $1.30 per square foot, which may serve you better in the long run.

It’s not a good idea to plaster over broken plaster (unless by broken you’re referring to cracked, in which case that’s perfectly fine). However, broken plaster can be a sign of a larger underlying issue like foundation damage or severe damage to the lath holding up the plaster, so it’s worth investigating before you simply plaster on top of the damage.

A nail in drywall cannot hold very much—usually only a few pounds. A nail in a stud can add support and hold around 20 pounds. If you are trying to hang something heavier, get some help from drywall anchors—toggle bolts are very strong and able to withstand more weight.