Hardwood or Luxury Vinyl Plank

[Vince Nguyen]

Hello everyone,

I just purchased a property that needs some rehab in a good area where they have hardwood floors in alot of the properties.  I am planning to rent it out and was trying to decide on whether to install lvp or hardwood floors.  the more exp lvp runs around 4.79 sqft which I feel I could purchase a decent wood floor to boost the property arv in the long run.  I know lvp is waterproof and easy to install or replace but the ones I've seen didn't really look nice or had bad experience where they don't feel good walking on them.  Will this hurt the value of the property and will renters still pay a premium for lvp.  Thanks in advance. 

Vince N