There are ones that would completely feel like a single-family home, so you could still live comfortably.I think that your current home is the perfect situation to test the waters of being a landlord, as you are already in it, you know the property, and you can easily learn the ropes without too much risk.

My question is, should I have it tested and abated?

This is a good test run with a property manager with little risk.

@Forrest Williams I've taken the pre-licensing education, will be passing the state test within a month, and have plenty of customer service experience.

You will want to test soaps to make sure there aren't underlying problems.

@Daniel Tineo in the process myself, you can do 3-4 unit but the property needs to pass the self-efficient test.

In my area, I recommend doing an oil tank sweep and a radon test but those might not be an issue for you.  

Good luck with your test and your pursuit of real estate.  

I can then test the market once done and if i can get more money than expected out of them all the while losing the headaches of a C class tenant base then its a win win.

Property income in fha is used Only for qualifying the buyer financially, “self sufficiency” test, it has Nothing to do with appraised value.