As a South Carolina Licensed Real Estate Broker-In-Charge and Owner of a Real Estate Company I need to state that NOT all Brokers are in it for themselves.
In fact I currently have a real estate listing that has had 4 different offers on and I have been holding out for the best deal (highest price) for the Client (not me). This is an Estate Home where the Personal Representative lives out of state. I have personally cleaned the house (including the toilets and bathrooms). I have also arranged to have it power washed and painted.
I say the above not to pat myself on the back. I say it so that others will know that NOT all Brokers are bad .
Now having said the above you should NEVER base your Purchase Price on a proforma.
IF it is so easy to do “A, B & C” (ie…Billing Back the Water) and get all this “extra” money, why is the Current Owner not doing “A, B & C” NOW.
The items included in the proforma are important in terms of your potential upside.
However, your Purchase Price should be based on what the MHP is doing NOW.
If they are not sub metering and billing the water now, you should NOT pay for it.
Now should you throw some money into your Purchase Price for the meters already being installed (an improvement per say)? Sure…as that work and financial outlay has already been done. However, you will want to make sure that these meters actually work.
We wish you the very best!