And put new carpet in the bedrooms.

Replaced all of the living room and master bedroom carpet with vinyl wood flooring.

I don’t use carpets and I do quarterly inspections and charge out any repairs needed to the tenants, that are above normal wear, at the time of inspection . 

For iffy items, like say carpet....I refer to the IRS depreciation schedule for how long the items should last. 

We are taking out the carpet now so hoping we can breathe after that and paint, etc. 

Bringing your electrician back to run new wires to new switches in a freshly painted, freshly carpeted, freshly cleaned home with beautiful, glossy, newly refinished hardwoods is less than ideal.  

Second, the adjuster will need samples of carpet or flooring to test the condition, so cut out a sample before pitching it in the dumpster.Step Four (Week 1): Gather all financials on the property, including rents and renovations since the insurance company will reimburse you for lost rent (if it’s in your policy) and change the replacement cost if materials are updated.

Maybe if you're just "refreshing" the unit (fresh paint, new hardware, new carpets), but if you're replacing fixtures, cabinets, doors, doing any major modifications, then no way.The other thing to consider is that in a condo the board may require that renovation plans are reviewed and approved.

The upstairs is carpeted for the most part, so I don't think the footsteps have the same affect. 

, painted everything, tiled the bath and kitchen, raised the ceiling in the hallway and moved the A/C to its own ductwork, installed new doors, trim, carpet.