Smoke remediation requires cleaning not only the surface smoke, but also all that permeates into the HVAC system, ductwork, crevices, openings from electrical and plumbing, ventilation units, light fixtures, appliances, cabinetry, countertops, carpeting, carpet pads, walls, and woodwork.

Take a pad and pen.

But baseboard, drywall, carpet, pad all should be replaced. 

Yellow letters are the most popular, and as @Christopher Phillips said "It's supposed to look like someone sent a handwritten letter on a yellow note pad."

@Albert Bui is one of those cool kids and is just going to start calling his primary residence baller pad over 500k loan a business place.

If you happen to live in a city where there is an airline hub, you can make a killing with "crash pads".

Over in Hawk's Ridge in Ball Ground they have some really fancy exclusive subdivisions with their own pad for landing helicopters and stuff.Definitely some more upscale areas in GA than where I live. 

They will be able to afford a sfr but many will choose multi because they don't have the discipline to save a down payment or they just want a crash pad with no maintenance.

After crunching my numbers with my banker, I have decided to step back and look at possibly doing a small mobile home park with new trailers and pads.

We do not have a specific loan-to-value limitation, but we need to be confident that there is sufficient profit in a deal, not only because we want our borrowers to succeed but also because a borrower's profit is padding on the deal that protects us in the worst-case scenario of us needing to take over the property.