And @Ronald Rohde wins the thread with his succinct illustration of why you need a good attorney on your team!

Yes we have been living a rather lavish lifestyle in Asia and saving lots of money but due to my last pregnancy we had to relocate for better health care. 

My only concern is that if it starts to become friable one day and I am unaware, could my tenants hold me liable for any health concerns?

Your office job hopefully includes health benefits, paid holidays, paid vacation time, some paid training, 401k match, possibly a company stock program, legal program, etc.  

Items believed to have asbestos are the roof shingles, perlite insulation in the floor of the walkable attic and the white fabric tape on the duct work.The Tenant shall refer to EPA website for any health warning and information.The Tenant takes all responsibility when signing this Lease and understanding all health risks.This house has most of the interior walls repainted and radon gas mitigation system installed.

Which are pretty conservative numbers.Stock first because it's the easiest:Purchase start: $30,000Trading fee ($7).Dividend (3%) = $900 a year or 4500 over 5 years.6% appreciation over 5 years your investment is now worth:=FV(0.06,5,0,-29993,1) = $40,137.40 - $7 for selling so $40,130.4You've made: ($10,140.4 + dividends) or $14,640.4So, to come out better, you need to make at least $14,640.Now Rental:Purchase price: $150,000Closing Costs: $4000Cash Flow: $200Cash Flow for 5 years ($12,000)Sell Price: $159,000 (6% appreciation)Mortgage amount after 5 years (assuming 5% 30 year mortgage): $110,378.75After RE Commission of 6%: your appreciation is wiped out, so you still sell for about 150KCost Basis with depreciation recapture: 130K ($4300/Year)Taxes owed on Deprecation recapture: 5K$150000-110.378.75 = $39,621.25 - Taxes for depreciation = $34,621.25 - original amount = 4,621.25 + Cash Flow = $16,621.25I know my math above is not perfect, but it's to illustrate a point. 

The truth of the matter is the lender just wants to see the overall financial health of the guarantor  and the equity in the dealYour credit score your personal tax returns and your personal bank statements can all land you a loan in the name of your llc. 

HSA...Health Savings Account to reduce taxable income.

Medicine will done on a charitable basis for me.I have a Masters degree in Health Ed and currently working on my MBA.I don’t regret higher education and I wholeheartedly applaud those who do not have all the degrees and are super successful in investing and business.I often think about obtaining a real estate license but I will first see how my MBA goes.

@Alvin Russell Goodwin II I love the energy but having a 9-5 with health insurance bla, bla, bla is really helpful.