It is not great, but it does the job, while you become more sophisticated and develop other means of lead generators.

Those kinds of returns require some pretty sophisticated trading strategies.

We're not dealing with very sophisticated people most of the time.

Most deals are also out of state, and I'm not a big fan of doing that unless you're a VERY sophisticated investor.

The pros are that you will know a heck of a lot more than an average buyer and be able to size up a deal faster, the con is BIG, you may know  too much and be deemed a "Sophisticated"  investor to the sellers.

Maybe I'm not sophisticated enough, either?

I wouldn't worry so much about all the 'sophisticated' strategies Account Closed.  

. :) That being said, there is definitely a lot of money currently being invested into the vacation rental industry, and the industry is getting much more sophisticated. 

--then use some more sophisticated measurements of return.

@John Underwood sounds like you're doing a great job and are probably more sophisticated than a lot of other homeowners!