Too much money in my area. 1% & 75% ARV rules don't seem to work

[Taylor Kragovich]

I live in an area that has had exponential growth over the past few years and housing prices are inflated over 200%. The rules that I would like to stick close to seem to be impossible. There has been a 10% decrease recently but the people don't seem to consider it at all. Seems impossible to get something under contract sticking to the guidelines. Any suggestions?

Relatively new to the real estate investing by the way.

Thanks