This is because it is fast to patch, but the fast can add up. 

4) How fast can you move if the agent brings you exactly what you are looking for?

While many experienced investors buy them up as fast as they can.You are going to get a lot of varying and different advice. 

Fast returns, but if the first lender forecloses, you could get wiped out.

Fast forward 25 years later and John decided he wanted the riches associated with the gurus backed by the Vegas/Provo real estate marketing companies.

Hard to find good ones that are cheapThere is 3 options, Good, Fast, Cheap; a person can choose any 2- If it's Fast & Cheap it won't be Good- If it's Good & Cheap it won't be Fast- If it's Good & Fast it won't be Cheap

Just announcing there ignorance and fast-track to insolvency. 

The low purchase price, combined with an established market demand, made this an ideal transaction for a fast turnaround and profitable outcome.

Fast forward 2 years his landlord mentioned in passing he might sell the property; I was the first person on his mind.

This leads to home prices increasing at a fast pace so you're definitely on the right track of which markets to invest in.