It is not a problem.There are different remedies, including soaker hoses and other remediation items, to limit soil impaction, but piers and leveling are common. 

It was inspected as a duplex, and I'd bet it'll be appraised as a duplex as well (basically removing the oven gives the appraiser plausible deniability), which could create value issues and impact your DTI if you need to use rental income to qualify. 

Impact of Debt & Financing DSCR: Heavily influenced by debt structure (loan amount, interest rate, and loan terms).

If you feel you can bill separately for water if metered you should have no issue simply adding a flat water fee and I’d imagine the $17,800  could go a long way in a 2 unit building for upgrades that would have a greater impact on revenue. 

They risk losing the investment and impacting their personal finances if things go wrong.

We market/show the property and try to find a replacement tenant as quickly as possible, minimizing impact on the departing tenant.

There is no tax impact without an LLC.

I made that mistake a lot in the beginning - yes putting in new cabinets will be great but it won't impact value much in some of the neighborhoods I'm investing in, for example.If you're local to the area, I think this is a great way to start in the REI world!

To stay on track, I suggest having a detailed project timeline and regularly checking in with your team to keep everyone aligned.The real estate market can change quickly, impacting your projected sale price.

It works out greatLong term low impact tenant at higher then market rates.