If the floors still look bad after you are done then change them.Check out your competition and see what they have and what the sold prices were. 

Sure there are times you may need to get tough, but that should be the exception, not the rule.. read your lease  understand your local laws, and remember this is your tenants HOME (expected right to privacy) Also, in the states where the laws allow, I would be careful that walking onto someones private area would get you shot.

We didn't think it would sell for what it did, but a couple comps in the neighborhood sold while we were working on it and it upped the value.

A house on the next street over sold back in June for 225k.

Private flood insurance options are usually written through a Lloyds of London Flood Insurance syndicate.

Professionally, I work on a small investment team managing private money.My target property is small multi-family units (2-4 units). 

Purchase price: $310,000 Cash invested: $63,000 Sale price: $390,000 Bought low, rented for 15+ months and sold high.

Several additional companies simply said it was out of stock and they had no idea when more would come in.I'll send you private message with one question I have.

Just like I've bought properties, sold them at a profit, and rolled those profits into a new building. 

That said, if this is truly a good deal, ie; being sold under market, it's gone by now.