Has completely crushed rehab budget and set us back significantly in timeline.

You'll have a "base rate", usually based on LTV and credit score on a grid, and then you'll have "loan level pricing adjustments" (LLPAs) that will adjust that.

Quote from @Senen anthony Virocel: Quote from @Mackenzie Grate: How did you set this up?

Go to some networking events in both areas, get on some wholesaler buyers lists, and have an agent set you up with an automated search on the MLS so you can start to follow trends both on and off market. 

You'll likely be able to get a sense for whether or not they're open to another solution or if they're dead-set on pursuing a foreclosure at this point.   

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsLots of luck.

It comes down to setting expectations; did any of the applicants provide specific, detailed reasoning for backing out? 

As an example, if you were to increase it up to 60 reviews in the past 12 months, then you would be left on the map with a small number of listings, all of them with a high number of bookings throughout the year.This number is a parameter in the model that users can adjust at any time.

Unfortunately reality quickly set in when we contracted an engineering firm to start the septic and wastewater plan. 

Are you set on investing with the long term strategy or are you also open to short term?