You're picking a great time to move here - lots of activity going on.

I'm also looking forward to become an active member in this community! 

I'm actively buying multifamily and single family to hold. 

More than likely your best bet is to just keep everything the same. 

welcome to bigger pockets @Faheem B. stay active on the site, it is a great tool for all levels of investing.  

They can also work on getting their brokers license and open up shop.As far as qualifying buyer YOU BET I send them financials to fill out before jumping on a call with them.

If you cant refi my bet would be to pile up the cash in a separate account so that you can build up a nice down payment for another duplex. 

I am an active investor in Rochester (one property being actively  rehabbed and one under contract atm) as well as licensed agent and if you would like to talk more feel free to reach out. 

It’s all crap and it is better that you found it out prior to getting taken for more than you did.There is a ton of info here on BP for free or for very low cost so I recommend you read books and stay active here to learn.

I bet most of these guys in your area would know just by the address what the potential for asbestos would be and possibly could alleviate your fears by a simple inspection.