Asbestos Siding! HELP!

[Robert Kough]

I recently purchased an old home in Rolla, MO thats has asbestos siding. I purchased the home for 48k and plan to do a cost effective flip on the property to make some quick money. However, refinancing and renting this home is not out of the question. The siding is in fairly good condition. In order to encapsulate and place vinyl siding overtop it would run me 11k!! This would make things very tight. My questions to you all are: 1) Should I even remove the siding. 2) If I do, are there more inexpensive options. 3) If I decide to rent the property instead of flip it should I even worry about it?

Thanks!!!!