Seeking advice after inspection for my first home purchase

[Marissa Staller]

Hi everyone,

I'm new to this site, so forgive me for not having done a formal introduction yet. My name is Marissa Staller, and I signed a purchase agreement to buy my first home. The home is unique in that it is connected to a studio apartment, which I had intended to set up and run as an Airbnb listing. I would live in the front part of the home, and rent out the studio through Airbnb.

My problem is that during the home inspection yesterday, the inspectors found radon (a carcinogenic gas) in the basement (levels 4.7) and vermiculite in the attic. Vermiculite has at least a 70% chance of containing asbestos, but it needs to be tested to be sure. Testing for asbestos costs $600, and the cost of abatement if asbestos is found ranges between $15K - $30K. 

My question is what to ask for in terms of mitigating the problems that were found. I know I should ask them to mitigate the radon, but who should pay for the asbestos testing? If asbestos is found, the seller should pay for the abatement, right?  There were several other minor problems found too. Any advice you have to share would be much appreciated. Thanks in advance.