* If I had this idea here's how I'd approach to validating it.
Solve the problem for yourself
Google and you'll find that there is [mold inspection], [lead inspection], water tests, and both professional and direct-to-consumer versions of the above.
I would get a professional mold inspector, and compare the results to direct-to-consumer lab tests like http://www.amazon.com/MyMoldDetective-MMD100-Mold-Test-Kit/d...
Same for other tests.
I'd expect this to take maybe 20 hours of billable time doing research and logistics, $2-3k for inspections and tests, and 1 month of calendar time.
Research the market
Look at keyword search volumes. For example, using free version of
https://www.semrush.com/ we get
Keyword Volume
mold inspection 4,400
mold test kit 8,100
lead inspection 260
lead paint test kit 1,900
Figure 4 billable hours doing that
* If I were considering investing into such company the questions I'd ask myself would be:
* would this area be a passion for the founders
* is this a good market
* can the founders execute on this idea
Based on the info presented and my priors my answers would be:
* No
* Yes
* No
So what I would say would be:
"This is a good idea and the market. I think it's a little to early for you to raise money. Consider solving the problem for yourself and better understanding existing solutions. I'd love to chat again once you are further ahead."