There is no way to sugar coat that.

I am a certified aerospace coating specialist and I only make 32k a year and I'm looking to get into real estate investing to quit my job and make more money for my family.

@Andrew Bertram: You should not remediate but coat it with a very secure and thick paint that seals in all the asbestos fibers, which are the source of the problem.

However, between demo and skim coating walls, buying materials, working a W2 job and spending time with the family, I was able to find another deal in my new farm area. 

Thanks Nick for not sugar coating this post and really opening eyes to this (It opened mine at least) I do hope you bounce back from this

Aside from cosmetic stuff like a new coat of paint, the place had an illegal garage that had to be torn down, a backyard infested with ivy (90% coverage, no joke), a potholed driveway, it needed a new furnace, and once my tenants moved in they learned the hard way that the main pipe to the septic tank was cracked and had to be replaced (ouch!).

Now to throw a wrench in the system, I will be moving to Denver, CO at the end of this month.  

Quote from @Eric Coats: Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

The Chicago gravy train runs a lot thicker than any city in Iowa.

The streets in 75% of the subdivision are not finnished with the top coat of pavement, and I have been told that they will not until the whole subdivision is at least 80% compleete.