Typical Buy Formula in Florida

[Grey Goodman]

Hi team. I am currently looking to wholesale/flip in Fl. I am being outbid on all deals as I am offering 70% of ARV less repairs. Do investors in Fl have a different buy formula ie 75%, 80% of ARV? I have encountered many flips in Fl where the price these flippers recently purchased these unrenovated properties for is closer to 80% of what the same flipper sold the renovated property for (this is not even taking into account repairs). All advice is welcome!