At a minimum the geometric return should be used, since each year's returns depend on the previous year's results.

If you’re trying it with property already being publicly  available, the task just became geometrically more difficult with a similarly lower success rate.  

The number of 'moving parts' increases geometrically....But some people in areas like yours just have to go OOS I suppose.....but I would move my self OOS too then :-) 

And the higher the leverage in this time of the cycle higher debt means geometrically higher risk.   

S&P 500 is commonly quoted have an annualize geometric return of 8% over ?.   

Time is too short, and dodging potential mistakes will provide you geometric returns if not exponential. 

I think it'll be good experience and that saves the 7%David, I calculated the geometric average appreciation in home values of the area to be +4.4% per year since 1996.

We're seeing a geometric increase of 1031s starting and the raw numbers of those that don't complete is still the same as last year.  

Only the scale of the made it possible to walk around in there.These people are Everywhere and it seems to be a geometrically increasing problem to me.  

Here’s the real facts; it’s HARD to scale, even is someone is very successful on a small scale it hard to FIND the same type opportunities in bulk, when you do expenses increase geometrically because most of the tasks you do will be farmed out; people are unreliable and a key investor may back out the day before his money is due; some lawyers love to kill deals, sometimes people who ‘talk a big game” don’t really have the money or courage to invest and use “my attorney killed the deal” as a face saving mechanism; and if you started investing after 2009 you have NO IDEA what a market cycle is like.