we are using vinyl click tiles from HD in a light gray stone color for a kitchen that leads to a 1950s oak hardwood floor.

NEWLY-FINISHED, beautiful hardwood floors on main level, new tile baths, inspired designer touches everywhere.

I found a hardwood guy on CL that was awesome.  

You will need to remove everything you can that has been marked, but this worked really well on a hard wood floor, it was a last chance before we ripped it out and it saved me a LOT of work.It is an enzyme cleaner so something else like it might work as well.I bought it at Home Depot.

DO NOT allow pets if you have nice hardwood floors throughout that you want to keep nice. 

Thinks that sub floors are hardwood flooring. 

Ikea cabinets, granite, stainless, pulled up the tile, and managed to salvage the hardwoods hiding under 2 additional layers of terrible linoleum.

If I do replace the flooring should it be hardwood floors or new carpet. 

Projects include refinish hardwood flooring, bathroom and kitchen facelift, tile shower, install can lighting, etc.

On the other hand, if you can avoid these potential pitfalls, there are opportunities out there.I recently purchased an intended buy and hold (90% of what we do) and ended up flipping it (this particular house was about an hour north of Concord in the Claremont / Springfield VT area):Purchased for $55K needing a good amount of capital injection:We did new windows, roof, deck and vinyl rails, cedar clapboard repair and paint, some sill repair, entire new propane-fired forced hot water heating and domestic hot water system (it had electric heat and an old electric water heater), plumbing repairs, full bathroom redo (new tub/shower with custom tile enclosure, new vanity, new toilet), half bath redo (vanity and toilet), new floors throughout (tile and laminate and refinishing of hardwood in living room), all new interior doors and finish carpentry, complete interior paint job, new sinks/faucets/finish plumbing, new appliances, a good amount of electrical upgrades, all new interior and exterior lighting fixtures, driveway redo with blue stone, a drainage-related landscaping improvement, filling in of a swimming pool, and other miscellaneous odds and ends.I estimated to be all-in (purchase, reno, and carrying costs) just under $100K.