What is the most economical way to get rid of these hearty weeds and re-establish the St Augustine?

I would question the reserves you've established for vacancy, repairs, and CAPEX.The comps you quoted require the same level of repairs to make them rent ready? 

Usually I will look at a certain area, establish kind of a range of values for that area, then start looking for prices on the low end.

Older, more established neighborhoods: Land-locked so no new supply is coming but demographics seem to be slowly shifting and schools are going downhill.

An emerging market is generally a market that shows characteristics of a well established market but is not fully developed yet.  

The CFPB avoided many of these issues in the beginning as they were the first agency to build itself on a technical platform rather than a heavy sided human resources basis.In the past agencies were established by filling positions required for the jobs or functions required then hired out technology to fit the needs of workers.

Did you have an established relationship with the bank or did you have a substantial down payment?

You can advertise the website on your bandit signs instead of a #.There you can establish some trust with your potential sellers, plus you can get their info on the house they are looking to sell and call them back on your terms if it looks like a good deal.

We live in Sarasota Florida (Lakewood Ranch to be exact) and we are new to the RE investing game, but very well established as successful business owners.We have been in the Tax Liens end of RE investing for a few years and are now ready to take the plunge into making some REAL money!

And Section 204 (h)(4) says that a state can become eligible for federal funds to help implement the program by "adopting by statute or regulation a requirement that buildings be assessed and labeled, consistent with the labeling requirements of the program established under this section," or "adopting a plan to implement a model labeling program consistent with this section within one year of enactment of this Act, including the establishment of that program within 3 years after the date of enactment of this Act, and demonstrating continuous progress under that plan."