Most appraisers will assign a condition to the property, and another house in very good condition that wasn't rehabbed may get the same condition value as your property, in which case it will weigh equally as heavily as another flip would.

Everything else being equal, it's very possible that an owner with the best management practices/policies can effectively and efficiently manage 25 units "better than" (e.g. less time and money) an owner of 5 units using poor management systems.

Other things being equal, if your business generates earned income (as with rehabs or wholesaling) you most likely would elect S-Corporate status.

He had to work his tail off for a year to equal the volume of one of my deals.

What I was trying to imply was multifamily investors have the exact same issues and limitations and could provide equally useful insight if you were to open it up to responses from them.

Now if both have exit values of $100k, are the equal to the investor?

Past performance does not equal future performance...fundamentals still matter and you should move forward with eyes wide open and not depend on a frenzy mentality.  

The repercussions of that decision not only equal getting blackballed fromm HMLs, it will be a real forclosure on your credit report which will get you blackballed from consumer credit and mortgages and possible have negative affects on your business depending on how it is structured.So in reality, you will end up paying points and fees and penalties out the arse to the HML over time until the house finally sells because it will always be better to pay an extra 2000 dollars to avoid a foreclosure if you can afford it.

If it is not that much, you may be better served investing your money to earn a better rate of return since student loans are at such low rates, and your return in paying the loans off would be equal to what the interest rate on them is.

First, while there may be a rhyme and reason to their negotiation, trying to figure it out is probably futile (the one rule of thumb that seems to work for me is that the second counter-offer from the bank tends to be the biggest price drop and also tends to be close to their bottom line).In my experience, going back and forth in small increments is about as equally as effective as just putting out your best offer and tell them to take it or leave it.