Rehab Nasty Basement Apartment

[Kim Morrissey]

We bought a multifamily March 2016.  There was at one time a basement apartment. It was since stripped down to bare concrete floors and nasty paneling. It's now time to begin the rehab. We are wondering what kind of flooring we should put down and if we should paint/seal it first. Also, any suggestions for the walls?

[Marty Gordon]

I would most definitely spray foam the basement walls.  I've done several basement apartments myself, and if you strip them down to bare walls, that's the perfect opportunity to spray foam insulate the basement before refinishing it.  I posted a video of us having it done on my blog. You might wanna check it out.  

As for flooring, a laminate click flooring is what I usually go with.