Looking at the numbers

[Rohit Jindal]

Hi All: I am looking at picking up a MHP in the near future. As I look at the numbers one the questions I have is around what goes into the revenue/sales/rent line in respect to calculating price based on the 2% or 50% rule. The seller I am looking to buy from has multiple line items aside from rent from MHs. He also has late fees, utilities, legal fees, application fees, and mail charges. While I agree with the planned income of rent, should I be including utilities income in there as it is truly being collected to be passed forward for expenses incurred on behalf of the renters? At least it doesn't make sense for the 2% rule if I am working backwards to calculate the price. Also do all the other windfall incomes of application fees, and others listed above make sense to part of the calculations? Any thoughts and advise would be appreciated! Rohit