We have tested this and used it for all deals.  

As a side note: If the buyers agent came to me and said "We are digging up your yard to do a more in-depth septic test".

So I decided to do a test and write down the tracking number on each large receipt and follow up. 

We are working on demolishing a property with a couple of materials that tested positive for asbestos, and I can tell you that it is very expensive. 

I mention this because at a zoo in New York City, more than a dozen lions and tigers tested positive for the virus (obviously not social distancing), and experts have long cautioned about the ease with which apes can catch respiratory illnesses from human visitors.

I’ve recently graduated from UC Berkeley this May and have completed my real estate course work through the duration of the COVID-19 shutdowns and am waiting on a test date from the DRE.

Do you guys get it lead tested prior to renting it?

If everything works out I get about 500 to 600 in my pocket on that as you said if I take 50% cut due to vacancy, repair / maintenance I will still have around 200 - 300 in my pocket.Again this amount is not much but just wanted to test the water.

Some attorneys will take the position that debt fails the "common enterprise" test for a security from the famous Howey test. 

Comparing "This one has an inspection, this one has a radon test, this one wants lease agreements, this one has a $5,000 EMD", to a text offer.