Of course markets change and the chances of a profitable flip have changed as well.

Those that deal with the 12 1/2 % remaining have a chance for much better success OVER THE LONG TERM, in all economic environments.  

Ideally broken down to the city at bare minimum, but even neighborhoods or zip codes would be even better. 

Although the property is worth way more than the loan we are needing and the secured collateral lien is really a sure safe bet and some easy money for someone willing to take the chance that isn't in it for anything other than to flip their money for profit/wanting to add to their portfolio, this would be an good opportunity for someone just starting out in real estate investment even.

The more reports that are received the better chance something will be done.

It’s a solid option to boost your chances of actually reaching the homeowners you’re targeting.

Could do I a lot less to get lower rents (for example an upgrade may be $10-$15k where a bare minimum repairs and cleaning may only be $1-2k).

My advice is to keep trying because all it took was to find the right smaller bank willing to take a chance on me. 

Quote from @Bill B.: Are you assuming they are lying to you?

This is a company that extracts fees and does the bare minimum to stay in business.