There are a million ways to make money in real estate4.

GSEs offer very attractive terms for multifamily properties nationwide, including various fixed and floating rate loan terms, early rate-lock options, and future supplemental loans.

There are agencies that work to attract business to particular areas I am sure West Palm is the same, locate the local agencies that already have a rolodex of potential buyers and see if you can structure a deal to intice these businesses.

I've spoken to a few companies are they either aren't taking in money at this time, or just won't accept anything less than 1 million.  

If the leases are shorter and expiring could you structure a lower base rent attracting tenants with profit share in your favor that would cover your bills and allow you to capitalize on the type of risk you are investing.

@Robert Polyack I would suggest that you spend sometime browsing through the Bigger Pocket Podcast on their youtube channel and go through all the buy and hold strategy ones.Additionally, I suggest you look into reading "2 Years to a Million in Real Estate by Matthew Martinez" this book outline a lot of the things you should look for as a landlord/RE investor.

Hey thanks a million Michael!

REO probably means price is low to attract a frenzy.

Figure out what kind they are (i.e. drywood, subterranean, etc); treat them appropriately; remove anything that may be attracting them (i.e. wood to dirt contact, standing water pooling around the foundation, etc) so they don't come back; and fix what needs fixing due to their damage. 

Try to have cash to make as attractive as those who you are competing.