My house was a 1974-built foreclosure that reeked of smoke, but had nice cabinets and granite countertops.

Here are the details on the propertyJanesville, WI4 unit; 1b/1b eachAsking Price: $100k (Also assessed at 100k)Rent: $2300 totalLandlord Costs (Gas, Water, lawn/snow): $303PITI: $832 (after Refi with loan value 98k)Vac, Maint, CapEx, Mgmt: (8,10,8,8) $782Repairs: 17 yrs SMOKE DAMAGE; new roof; new windows; Kitchen updating - Estimated: $25kMy only comp is another seller with 4 unit; 3 units with 1 bed, 1 bath; 1 efficiency; who said they were putting on market for $160k (though assessed at $115k).

Set house rules, no smoking inside, kitchen cabinet space designated per room.I have a house 6 guys living there by the room. works out, they have a chore chart sheet like who takes trash down, who cleans bathroom week 1, weekly clean up of main areas on Sunday week 1 and they switch off weeks.. yup faces change but not to much of grief factor. they seem to realize that they all are saving some bucks with this arrangement.  

He is serious.The other son (Sam) wants at least a little money before losing any chances all together and his price is a smoking deal.

Look for mold issues and corrosion.Fire/smoke can be corrosive, so it can have a huge impact on anything that is metal within the structure.  

I walked into the house and the house was filled with heavy oil smoke.

At this level, you want brutal hard, unfriendly analysis, not smoke and mirrors with a big smile.

I'm sure the snarks on here will say the best tenant proofing is good screening before you rent  :) I personally like tile floors...I have given up on wood...laminate and carpet...provide extra air filters for the AC unit (unless you use replacing them as a reason to go by and check out the place every few months) fire extinguisher in the kitchen...make sure smoke detectors are installed and working properly ...if it is a single family be sure the tenants know where and how to shut the water off ...

I pre-screened the caller over the phone but after checking her FB I found out she lied about pets and smoking.

Last summer it needed a full rehab--triggered by tenant damage with smoke but went ahead and used it as an opportunity to go ahead and do the upgrades it needed anyway.