The old carpet makes a good drop cloth, kneeling pad and protects the hardwood from dropping a hammer until you get ready to refinish it if that's in the cards and reduces construction traffic on new carpet.Lots of considerations to each job, common sence should prevail and some backward planning needs to be done so you don't put some aspect of the job in front of another making it more difficult

One of my banks mentioned yesterday that they are seeing a lot of landlords (who cater to lower income tenants) get hammered with nonpaying tenants. 

Always check what the wind & hail deductibles are...many insurance companies have put high deductibles on these because they have been hammered over the last few years.

I load them to my iPod & listen while I'm sawing, sanding, hammering, drilling, painting . . . helps me realize there's light at the end of the tunnel!

My W-2 gets hammered by the IRS...but my schedule E is beautiful.it would be a very interesting study to see what the average length of ownership is for land lords ..

Not much different than a hammer.

@Paul Felix  hard to get a reading with such a small mailing.. also your mailing to a market that is probably hammered.. the better markets are like that.the success direct mail  home buyers I know here in our market send out at least 10 to 20 times the amount of mailers per run.. 

Just got off the CSBS site reading the white papers, they are talking about how state and federal regulators are to work together, reports, etc. being shared among different agencies and who will take the lead lowering the hammer.

I posted this in another forum that has a similar question so here it is:The landlords who got hammered and lost their properties in 2008 were the ones who were overleveraged with rentals that were not cashflowing.

I prefer this for a few reasons: It allows me to reconfigure interior layout and install all new plumbing and electrical with out jack-hammering a slab.