Flooring For Rental Units

[Chase Gaudet]

Hey everyone, so I recently just purchased my first rental duplex and have been renovating it top to bottom. It has hardwood floors throughout but they're in pretty rough shape. I received a couple quotes to get them sanded and refinished but unfortunately they are coming in well over my budgeted amount I'm looking to spend. I am at the point now where I am wondering if I should sand and finish them myself or pay to lay either laminate or vinyl click flooring. I am also torn between whether to go laminate or waterproof vinyl as well if I decided to go that route. I'm really looking for the solution that will add the most value to the duplex but also last a long time before I have to worry about the floors again. Any suggestions would be very helpful from some more experienced landlords on what works best would be greatly appreciated.

Cheers,

Chase Gaudet