By “unwrapped” do you mean (1) continuous diffusive trajectories that are never mapped back in the primary unit cell or (2) molecules made whole across boundaries. I assume you mean (1).
I *think* that unwrapping would actually lead to wrong results because then the selections would not locate the water in the right position in the primary unit cell. I am pretty sure that any selections near the boundary of the box will be problematic. So I would only use the analysis here for the originally intended purpose: water properties in a well defined, compact volume near the center of the unit cell. In this case, don’t preprocess your trajectory (just make sure that all molecules are in the box).
As always when using someone else’s code: (1) read the papers, (2) try it on something where you know the answer to validate it, (3) be careful in interpreting the results.
We try our best to only have code in MDAnalysis that produces correct results and works well, but we don’t always succeed. Furthermore, when you use code outside its “normal” use cases then odd things may happened, just because the original authors did not think about it.