Since the owner has the sign of rent to own , I would like to hear what is the best strategy for me . the primary resident house will be funded by my spouse and it does not affect my reserve for other properties investment .

When starting a Real Estate Investing LLC that has no credit or cash flow, but has large sums of cash reserves, due to deposits from private investors who own a % in the LLC, what are your options in terms of loan mortgage financing?

My partner and I have recently bid on a home on  homesearch.com, We were the Highest bidder (@ 138,000) but the reserve was not met.

This way, once you have found your next property you can move on, have a nice reserve account and rent out your old unit to get some cash flow.

Bigger down payments leave less for investing and reserves.   

Someone else mentioned replacement reserves.  

I think that if you put 10K into it and have another 10K that you would be losing anyway to cover any months that you don't have tenants you should rent it until you can break even atleast. 10K reserve will net you atleast 3 months of no rent coming in and if your home is really that desirable then you should have not problem renting it in just a few weeks. it certainly beats the hell out of losing 20K outright.

While you can always negotiate for reductions in contract services, building maintenance costs are going to be what they are, utilities will continue to creep up (tell him to expect a major increase in WASA costs in FY2016 if he's not already aware of it), and you need to make sure that reserves are being properly contributed to.  

Do you have healthy reserves?

It appears you may have answered your own question and looking for confirmation?