I thought it would be a long drawn out sophisticated process and I didn't even have $10,000 saved up like you.   

The ancients used it to talk about the linguistic sophistication of barbarians who came to their lands, eager to live or work or trade with them, and yet were so ignorant of the Greek language that it wasn't that they didn't understand a single word, they didn't know a single syllable of the language. 

I most likely wasted a lot of time as there have been plenty of great deals here as I delved into the market in a more sophisticated way. 

Those folks run a sophisticated operation, and if we don't keep up with their level of sophistication (and exceed their customer service) we would lose business to other investment classes that treat their investors better.Perhaps it could be said that the competitor to TK firms is buying homes directly, and that competition lacks sophistication--thus the hurdle is just above that level and anything above that is good enough. 

Especially since 2 casinos opened and the college is on the horizon.

Either self manage and fire PM or sell the property or take a ride to the casinos and roll some dice, you may have better returns.

I think realtors have to become more sophisticated as the value proposition gets challenged, but it’s harder to automate these transactions given the nature of the business and asset.

This prevents sophisticated professional tenants from filing an appeal to buy another free month.

As you scale out and become more sophisticated I could see how it would be ideal .

Net Worth and Income have no causal relationship to Investment sophistication.