I'm familiar with asbestos siding - the thin kind that's rigid and can simply break when damaged. However, I'm looking at a home that seems to have a different type of asbestos siding. It looks like thin sheet rock. You can even see the internal makeup on the edges as it has not been painted. It's gray and would seem to flake easy. It is all over the house and also on the walls in the enclosed porch. It's really worrying me! If it is asbestos and unsealed, I imagine that would be an issue for FHA. I've attached a picture of the home in hopes it will help someone identify it. Also, it seemed to be a colored product if that helps.