Playable Species List with benefits and downsides. 
Dwarf
+Speak Dwarven
+Get along well with other Dwarves
-Disliked by Trolls

Elf
+Speak Elven
+Get along well with other Elves
-Disliked by Orcs
-Hated by Goblins

Orcs
+Speak Orc
+Get along well with other Orcs
+Loved by Goblins
-Disliked by Elves
-Disliked by Gnomes

Goblins
+Speak Goblin
+Speak Orcish
+Get along welll with other Orcs and Goblins
-Hated by Gnomes

Gnomes
+Speak Gnomish
+Get along well with other Gnomes
-Disliked by Goblins

Trolls
+Speak Troll Speak
+Get along well with other Trolls
-Disliked by Dwarves

Fairies and Fae
+Speak Dwarven, Elven, and Gnome
-Sometimes distrusted, disliked, and even hated
-Are not dominant race in any nation

-Detattlers
+You can remove you arms, legs, and head
-Commonly distrusted
-Are not dominant race in any nation

Humans (no positives or negatives)

All species can speak human or, for you DnD players, common.