[Hypothetical]: Reapplying or Settling

Hypothetical situation: You've done your research, filtered down and identified with 4 schools (reach/target range) that you REALLY like, thinking it was only worth the investment + leaving your job & country to attend one of those schools.

If you go 0/4 post interviews, would you wait for next year to apply to those 4 or move towards the next set of safeties? We only do one MBA, ideally, in our lives, shooting as high as possible if we feel we are competitive enough.

Keen to see what people think about reapplications if post MBA careers may have been achieved via some very strong programs (T15/T25) either way. Is it worth redoing the essays/LORs for branding?

I'm just evaluating (few M7 interviews coming up). If things go south, would one go for a school they'd be semi-okay attending/compromising for, or wait it out another year and redo every painful element of this MBA process?