Need to ensure that you have an exit strategy though for the subject-to in the event it gets called due (possible but improbable), which would involve getting your own conventional loan to swap out in first position or selling the property.

I would not rip out the existing flooring now unless there is something wrong with it, but as the flooring wears out, consider swapping out carpet for LVP in areas that it makes sense.

Also, looking at the floorplan, the architects could've swapped the WIC and the bathroom and move the entrance slightly to the left.

If you can fish wire, and let an electrician just come and swap out the old for the new, could save a bunch of money.

This bank became cautious once having 350-400k borrowed with no long term history to show my solidity (this was at about 1.5 years into my investing and only one tax return that showed only 2 properties producing in that year)The following 6 homes I swapped to another local bank just down the street.

If we just swap out the green board cement backer board, have we done enough?

I grabbed a new $25 50,000 hr modern LED fixture to swap. 

I'm a people person and would love to meet up with anyone in this area to swap ideas and network. 

One way to save money is to swap lock sets.  

If they swap $ for receipt not waving wads of cash around & you have a safe place to keep it in at home before it gets deposited (promptly) in the bank it seems like it should be pretty low risk.