Aloha,
For MANY years, in HUNDREDS of low end, and Section 8 properties as well as "average" rentals, we installed Vinyl Composition Tile...Armstrong such as this:
https://www.armstrongflooring.com/commercial/en-us/products/...We standardized on a few tiles that could be coordinated into patterns or checkerboards, or just solid. Easy to install, with proper preparation, and VERY durable. This is the tile that is in the Kwik E Marts, your Doctors offices, supermarkets, and other high traffic locations. You just need to learn how to properly strip, wax, and buff back to that high gloss finish with a commercial power floor buffer and the correct cleaning/waxing products. You can restore the worst looking floor back to new when the Tenant vacates. And charge them the cost to do so (a few hours labor). I have properties here that we installed over 15 years ago and STILL look very nice and rent well. Although we now are using LVP, I have doubts it will hold up as well, but only time will answer that...
VCT flooring can certainly be gouged or have other damage, BUT it is a solid material about 1/8th inch thick. To restore the shine you just polish down to "clean" material again. Worst case, you can heat up an individual tile and release it from the adhesive to replace it. You DO need to watch the "dye lot" numbers though, or you can get noticeable mismatch. (We bought the stuff by the pallet full...)
Sheet vinyl, while certainly less expensive, tears; is very thin with usually a black backing that shows through with just minor damage, and often creates tripping hazards. You can either spend less and change out frequently, or install something much longer lasting.
I will just add a comment about carpet. I NEVER understand why Owners often put in a solid color, or those super cheap, flat carpets! One spill and you have stain that will look bad for years, even if only a light stain. When I must use carpet, I always use a multi color plush. They will hide stains very well for a reasonable number of years. Most is now being replaced with the LVP however.