Flooring decision for first time landlord

[Mike St. Jean]

I've just closed on my first property that is a 2 family with an ocean view in the North Shore. I'll be requesting a special permit from the town to work to convert it to a 3-family by finishing and living in the basement for a year. My question is around materials. The 3rd floor is an awesome lofted space with large open floor concept and lofted ceiling with exposed beams and a great view of the ocean and Boston skyline. This is part of the 3 bed 2 bath unit I'll be renting out, hoping to get at least $4k/month for. I'm trying to discern which type of flooring to put down. (Previous owners completely stripped the carpet leaving a clean slate) The property was built in 1910 and will have a lead paint form with the lease. (not sure a young family would want to rent or not) Carpet would be cheap and convenient to rip up after a lease ends and wouldn't need to worry about kids ruining the floor, but I'm not sure if I'll be missing out on rental income if I don't go with something a little nicer. What flooring materials have proved to maximize rental value without overspending/running into law of diminishing return? We'd probably also take this into consideration for flooring in the basement after we move out in the future and rent that too. 

[Matthew Crivelli]

What ever you choose, just stay away from carpeting. It gets destroyed easily. My Vote - LVP or wood floors.