If it's somewhere that will have a lot of very short stays, you can go the modern hotel route.It's also very dependent on if you want to spend time for money. 

Modern or Traditional?

Going more MODERN will allow the minimalist approach to work.

Menards tends to be cheaper but only on their low end stuff and that stuff is usually JUNK.Lowes has a real nice selection and a lot more modern set of pieces too.I'd probably use HD some too if the nearest store wasn't 20 minutes away.....

It isn't rocket science but it is work.

There are other companies like Diamond State, Foremost, and American Modern.

Perhaps overlooked is the fact that many of those homes being acquired in 'A' type areas are newer and/or more modern and, thus, less likely to face functional obsolescence down the road in retirement.

But that is what my sister has in her very modern style apartment.Keep in mind the IRS says flooring in general lasts only five years.  

What style is most desirable to renters these days (light, dark, modern, classic, ect?) 

As building science continues to progress, new techniques and technologies are making homes more maintenance-free and comfortable to live in, but its application is hard because people are used to doing things the way they have been doing them for years.