You want to take on a project that will be easy to sell and move quickly.

The building is going to attract the tenant and if that tenant doesn't allow for systems to be in place and steady passive cash flow, then you might want to pass on this deal. 

Goal is always cash flowing quickly!

How quickly can they get the deals done?  

That doesn't even make sense.People are naturally attracted to whatever makes money. 

She quickly found us another home which we fell in love with although it was above our price range.The deal was made and we got into our $150,000 house (plus the VA funding fee) with only $2,500 in closing costs.

This attracts a lot of out of state investors who think that the low barrier to entry and high tenant pool equates to high cash flow at double digit rates as it would appear on paper. 

Hello all, I have a quick question, I am new to real estate investing and recently came upon a property where the seller is asking for 23k.

Lets do it together real quick:80K ARV20K Rehab50K PurchaseMoney borrowed=70K Time borrowed= 6 moHard money Costs=7K (10% of 70K: 2points on front 2 points on back, and 1% a month)Real Estate Commissions=8K (10% of 80K: 3% to listing agent, 3% to buyers agent, and 4% to title work, doc stamps etc)...so the flipper would take 6 months to lose 5K and you still havent gotten paid either...But wait, there's more: Upon further inspection the wholesaler's numbers were wrong anyway, the flip is going to take 32K and the ARV is really only 64K and I can only buy it for 12K (lets say 9K to the seller and 3K to you)12K + 32K = 44K Hard money costs 4.4K and closing costs 2.5K, RE commission is 4KTotal costs = $54,900Sale Price = $64,000Total Net to flipper= $9,100 Joseph, I am not necessarily a mentor, yet. haha but I would be willing to answer any of your questions. 

Some people think paying on the 15th+ once isn't that big of a deal, but it can quickly lead to the tenant finding themselves unable to make enough money to have rent ready again on the 1st of the following month.