Although I have submitted one offer, I'm not confident it will be accepted.My primary challenge has been the high asking prices for most of the homes I've considered, which make it difficult to achieve a desirable return on investment (ROI).

Building a strong foundational knowledge base is essential, and you can achieve this by engaging with communities like ours here or by joining your local Real Estate Investors Associations (REIAs).

definitely can get a no income driven hard money style ground up construction loan covering 50% of land and 100% of construction 

What are you trying to achieve? 

I'm interested in working with investors to help them achieve their real estate goals, because investing in real estate is a goal of my own.To all the experienced investors out there, I would greatly appreciate your insights.

Yes, you can use FHA and Conventional program for a primary home if you are buying a "Distressed" property - (Will not pass an inspection) "Subject to">  FHA offers a 203K loan and Fanie Mae offers a Home Style program which has the sole purpose of working with distressed properties. 

YES, you can still achieve cash flows of 7% to 10% in the single-family residential (SFR) sector.If you want to learn more about these opportunities, don't hesitate to reach out.

Rolling in repair costs is also achievable in both government and conventional financing. 

I just wanted to take a few minutes to propose a thought experiment in hopes of sparking a discussion on what the practical strategies to achieving financial success are and what the necessary disciplines one must apply to get there.

Quote from @Christian Styles: testing testing testing testing testing.