You might face competition from cash investors talking to the same sellers, offering them 1-2 week closings where a 203k would be 30-45 days.

@Tyler McCullough  I'm in south FL, but from what I know about Orlando and Tampa, as @Andrew Ashby has already noted, those markets are hyper competitive as investors are often fighting over the crumbs. 

So far you haven't mentioned any "other" strategies, other than the typical ones...that are greatly impacted by which way the wind blows (economy) and have a lot of competition to get...because everyone else is trying to do the same thing...for the same deals. 

The market has gotten so competitive in our usual hunting grounds that we've moved our target.

It warrants further discussion and thought if you want to stay competitive as a larger business.

MF is EXTREMELY competitive these days and these deals are still around but hard to find.

@Kade Eiguren  Look at your competition and their performance. 

Again, SFH would be most ideal, but given the location/prices/competition I'm just a little discouraged and feeling like that's probably out of the picture.I know this has been a long ranting read, so if you've made it this far I appreciate it.

Competitive offer must be presented for validation with surname blacked out for privacy".The risk of using an escalation clause is that you've revealed your maximum price. 

I’d like to talk to you about possible JV flips and partnering, if you are interested and decide you’d like to go that route I’d be willing to pay competitive returns for the opportunity.