All the soft costs plus impact taxes. 

But keeping them means below market rents and potentially further remediation costs in the future.One thing that others didn't seem to directly hit on, that you should consider, is having the smoker in the building impacting other units.  

The jobs report likely won't impact whether rate cuts will come, but could impact by HOW MUCH rates will be cut.

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

However, through trial and error, I refined my approach, making it more personable and impactful.

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).

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. 

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. 

There is no tax impact without an LLC.