You can only change ONE letter, AND/OR rearrange the letters currently available. The first word is:
WINS
love
sloe
slow
show
host
stop
post
posy
ploy
yelp
play
with Mimi
laps
Mimi's rightful seats
apes
pate
date
teal
team
tare
read
nerd
rend
bend
dean
neat