Asbestos

[Brian Callan]

Anyone dealt with either flipping or renting a home with asbestos materials in it?  

The reason I am asking is I found a duplex in my area with an EXTREMELY motivated seller. It has been on the market for 522 total days....which tells me something is wrong with it. If you look at the listing in MLS description it is limited but it says:

Roof: Asbestos

Im assuming it either means the roofing materials have it, and/or insulation has it.  

What are the costs with dealing with this stuff usually??  I'm sure it varies depending on the work to be done....