The BofA's, Chase's and other Too Big's of the world have some pretty sophisticated systems in place to monitor and manage REO.

In 9/10 times they are not going to very sophisticated people.

You'll seem "sophisticated".  

I plan on building a sophisticated financial model and pitch book to show potential employers. 

The only things that I don't do is Drywall Finishing and Stucco and anything that requires heavy machinery or a special license (A/C).

Ignore those pesky appraisals and sold comps ... every sophisticated investor buys single family homes based on CAP rates, so you are getting such a better deal than what you can possibly find in CA.

The sophistication of the average person is much lower than what is required to draft a note, so you will inevitably have to employ an attorney.

No one buys homes with cash who is sophisticated.

This reminds me of AVM and other new age fancy formulas and algorithms that fancy, super sophisticated wall street types use.  

Commercial property owners are generally more savvy and sophisticated than residential property owners.