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If the airplane light-sport aircraft is properly equipped, and the pilot has a private pilot rating, it can be flown at night. Also, if the airplane light-sport aircraft is properly equipped, and the pilot has a private pilot instrument rating, it can be flown in IFR conditions by instruments.
The FAA minimum time to obtain a private pilot license is 40 hours. For a sport pilot, the time requirement is 20 hours. How long it may take you to log those hours depends on a number of factors, primarily the frequency you can commit to training, so it can vary widely. The average is six to seven months.