Ditto nail pops and tape loosening are common minor cosmetic issues no need to replace. 

But lower rates alone won’t solve supply if it’s still too hard to build.Pairing state-level land reform with faster, smarter local permitting—Louisville has a real chance to keep housing investment inside the city instead of watching it spill farther outward.Affordability doesn’t improve with one sweeping fix.It improves when enough small constraints are removed that the system can finally move.Louisville has started loosening a few of those constraints.The opportunity now is to push them further, deliberately.

If the deal only works because of them, it’s probably not a deal.Where I’ve seen investors make it work in similar markets is: modest rehab to reset rents, slightly higher down payments to stabilize cash flow, or pairing cash flow with a longer-term equity story instead of forcing both aggressively on day one.If anything, you may just need to adjust expectations on where the return shows up early (steady but modest cash flow + risk-adjusted stability), rather than loosening your math.Happy to compare notes or walk through a deal if you want a second set of eyes

If that demand cools structurally, it loosens another historical pillar of the local economy.None of this is meant to alarm.

I'm not saying you should loosen the restrictions, but maybe lower the price to be able to get pickier.What does the competition look like?

For us, the revenue protection has outweighed any minor dip in inquiries.We’ll usually loosen it back up during peak season when demand is stronger.

In addition, California loosened the ADU regulations at the beginning of 2020.

Take control by testing the market fast: drop price into a clear range, loosen noncritical criteria, and widen your tenant pool while keeping safety and income verification tight.

Loosen up the discounts during the shoulder season. 

Reunderwriting assumptions makes sense occasionally, but personally I try not to loosen discipline just to get a deal to work.