Should I Buy a Smoker House?

[William McCulloch]

Hello BP!

In researching my first real estate acquisition, I came across a nice little 3/2 single family of about 1500 square feet and 15 years old. It's close to my house, nice neighborhood, and good schools and amenities. 

There's just one problem: the MLS listing says the owners smoke in the house.

This property has been on and off the market for about 18 months and I sense that it could be had at a bargain price. But how big a problem is this smoking thing? 

Is it something that can be remediated like a kitchen fire? Should I look into an ozone treatment? Clean the air ducts? New carpet/pad? Or is this one of those things that never quite goes away?

Crazier yet, what if it was left as a smoker-friendly rental?

All things being equal, this would make a decent flip or a great rental. But is it worth the trouble?

Let me know what you think!