Tile to the end of the wall shared with the bathroom then maybe throw a built-in bench with shoe/boot storage underneath against one of the walls.

I would love to meet up in an investors group since I'm pretty certain we will need 100% financing or a hard or private money loan, but our experience is a shoe in for a deal.

If I was in your shoes the only motivation I would have for putting down hardwood would be for resale because it is a SFH.We have redone 3 apartments in the last 2 years. 2 - 2 bedrooms that rent for $1650 and $1700 and a 1 bedroom for $1550.

I think what I'd be trying to do in your shoes is match the mortgage interest and depreciation exceed your net income. 

If I were in your shoes, I'd give notice to one of the tenants that I was not renewing the lease. 

What if the tenant broke their shoe in the front door?

As Joe Kennedy said, when the shoe-shine boys start giving you stock tips, you know the market is saturated.

Though it’s not all roses, you should see my post about the Carbon Monoxide problem we had.

Shoes with laces.

In your shoes I would ask the seller what she wants in terms of income and work backwards from that.