My real estate agent hasn't led me wrong before, and she responded to this concern with "many renters are not able to purchase due to lack of credit and available cash reserves", but isn't that the definition of a risky tenant, and how many of those renters can afford high rent (this is 30% higher than the median rent for Deltona)?

. $90k is an incredible price for the Quad, but, with bank financing wanting 25% down ($22.5k), closing costs and having money in reserves, it would unfortunately consume all the capital I have.Being young and of still limited capital, I naturally want the highest and best use of my cash. 

There are situations where I would not buy a house based on the septic being undersized... such as, if the septic file says "No Reserve." 

However the auction is over, Hubzu website says the reserve was met, but there is still the option to place a backup bid. 

I worked with Allanach Mortgage through the Somerville Municipal Federal Credit Union, the best little credit union in Boston.

I've been throwing cash at my debt for 2 years so I have 50k in credit available to me, but it seems I should have putting that cash aside all that time instead.One way to get around it is to add a co-owner to my llc which I could do but then we both have to file federal taxes on it right?

Municipal, state and federal liens are not. 

When shopping for a loan recently, my banker dudes wanted 4% in reserves for each property's debt.

We just looked up the cancellation policy for the reservation we have in April.

Or perhaps just factor in a higher vacancy rate into your reserves calculations?