My question is, because of the environmental issues should I just move on or can I invest in these properties even with the asbestos.

If a professional determines that you do have some kind of environmental hazard (lead paint, asbestos, ...) then there can be more stringent requirements on disclosure, remediation, etc.IANAL.... 

Bellingham has a lot of people who are environmentally oriented.

Different areas may have varying degrees of support, but in Cape Coral specifically, this is a very large component of the local economyIn addition to that, with the older population, healthcare is also a huge necessity and a large economic driver in Cape Coral as well.

There are two components to investing in real estate: 1.) managing your current properties and 2.) making deals on new properties.Managing your current properties: I've always been a do it yourself type.

This shift is largely influenced by stricter government regulations and the rising costs of insurance due to environmental factors.

- Rental Roll- Last 3 year P&L- Inspection Report - Environmental Inspection ReportWhat else I am missing? 

This boomerang effect is more than just a change in addresses; it's a reflection of our evolving work culture, environmental awareness, and the ever changing fabric of community life. 

As far as funds, I can do some research on my own to understand this gifting component and how to get creative.

The examples provided above from the IRS regs talks about the roof membrane, which is not the major component of the roof, so replacing them would be a repair.