I live in a town of about 75,000 people (Rapid City, SD) and the area just created a new air force base, which bring in over 2000 families.

@Jordan Moorhead the rent to purchase price ratio doesn't work as well here as it does in other areas.

The product is then dried with hot air and forms a hard, seamless barrier inside the old pipe. 

Steven, the tenant actually filed a complaint with the government air quality bureau, and they mandated asbestos testing and warned me on proper removal of asbestos materials.The govt inspector said there was a 100 sqft rule, and I have 1000 sqft of popcorn, and only owner/occupant (you actually live in the rental) can remove asbestos.So I have to be careful about doing it myself, as I don't actually occupy the rental.But my question remains... once you disclose asbestos to applicants, how often do they back out?

Great story and Good stuff @Jordan ClermontThe General Contracting company I work for is out in London.

@Jordan Clermont i think this is a good deal,are you purchasing it with your own cash or are you using a Hard Money Loan?.

Did you add central air to this?

I lived there for 2 years while in the Air Force.  

The property is residential and improvements consist of adding new central air to both units.

I’ve run into the same problem @Jordan Moorhead has: newbie investors offering to help for free but they don’t have a plan.