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The EPA broadly defines hazardous waste as any waste that could pose a danger to humans or the environment. More specifically, it includes any material that could combust or explode under normal temperatures and pressure, as well as materials that are toxic or corrosive. Some common household hazardous waste products include aerosol cans, paint cans, old tires, medical supplies, unused medications, fire extinguishers, cleaning solutions, and lawn care products.

Lead removal services typically cost between $1,000 and $5,000, depending on the extent of lead presence, the property size, and the complexity of the abatement process.

Iron sediments from rusty pipes are not likely to cause health problems. While a glass of yellow-hued water is off-putting, it is generally safe to drink yellow water in the short term. But you certainly want to address this problem. In the meantime, switching to bottled water until the yellow water issue is resolved is a good idea. 

If the lead paint is in a place that is not easily disturbed and is not flaking or deteriorating, you do not necessarily need to remove it. Lead is toxic when dust particles or flakes from peeling lead paint are ingested. If people are not in the area with the lead paint, it may be safe to leave it in place. You still may want to consider encapsulation with a paint formulated for covering lead-based paint, just for an added layer of protection.