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Typical methods for asbestos removal include encapsulation, enclosure, and complete removal.

No, but it’s common that they do. Gravity furnaces weren’t terribly efficient so wrapping either the ductwork in asbestos, the furnace itself, or both, was something done regularly. This allowed the system to retain more heat. At the time, this greatly enhanced the efficiency of the furnaces but it wasn’t until later that we became aware of just how carcinogenic and dangerous asbestos could be.

You are not really supposed to seal asbestos with paint, but in theory it could work—the caveat being that this is extremely dangerous and should be avoided at all costs. The only real way to seal asbestos is with the professional application of an encapsulating material like epoxy. Due to the negative effect asbestos can have on your home, however, it is usually the best course of action to accept a costly fix and remove the material entirely.

Power washing asbestos siding can be hazardous and isn't recommended. The power washer's high pressure can disturb the siding and release harmful asbestos fibers into the air. Rather than attempting to DIY it, hire a professional trained in asbestos handling to tackle any exterior cleaning.