Including the full cost of water in the rent will make the unit harder to rent.  

Asheville has just recently started to feel like it's beginning to come back online, but a long ways to go for a full recovery.

Tulsa, Oklahoma is a city on the rise, and the real estate market here is full of potential. 

Mice are filthy and when their fecal matter dries up it becomes airborne because it's powder and it's full of diseases and it's hard to see visually when it dries up.

I'm Natalie, a senior in college who is moving to Miami for my full-time job.

We didn't provide full cable so instead we provided Hulu.

Here's one more on the other end of the spectrum...only 4 units but is higher than $1M.

I’m a full time property manager in my 9 to 5 and manage 138 doors.

There are also some exceptions to convince the underwriters to use leases if there were major repairs for that house/unit proving that the schedule E numbers are not showing the full potential return, then you would be able to use the leases as an exception. 

Personally I would rather finance it and keep the cash in hand to go buy more properties than pay the full amount out of pocket, regardless of the potential tax benefits.