So I'm looking at a rental online and it has shingle siding. I was just informed that shingle siding is made with asbestos and is really dangerous. Are there cost effective ways to deal with this like just putting new siding on or is it so dangerous that I should skip it all together and look elsewhere? Thanks for your help guys! 

@Brandon Handel I own several rentals that have asbestos siding and it is pretty common in my market. I'm under the belief that as long as you don't remove or tamper with it, you should be fine. Many LLs in my market opt for just putting vinyl siding on top of it. Easier to maintain and then you don't have to worry about it.

I definitely would not pass on it just because of the asbestos. Check with others in your area and see what they've done and/or are doing.

I agree with Will here.  I've got a house with asbestos siding and insulation.  Don't mess with it, and it'll be fine.  Removing it is extremely expensive, so the common advice I got from contractors is to put vinyl siding over it.