Vinyl or Laminate?

[Andrew Briggs]

Hi, I'm a newbie landlord and funds are getting tight right now.  I need to make ready a rental asap.  I need to replace floors throughout - 1,000 sq ft.  We haven't yet torn up the existing flooring to see what's under it - there's a chance the original hardwoods are still salvageable (1940's house) but not counting on it.  Even if they were, would that be the best and cheapest option for a rental?

For new flooring, we're looking at 'wood plank' in appearance.  I've been told the vinyl float click plank is worth the extra $ since it will last much longer than laminate click plank.  I'm tempted to get the cheaper laminate but have heard that it does not hold up to liquid spills well and is not easy to repair.

Any thoughts or advice?

Andy