Putting too much down?

[Steve S.]

My goal is to buy 10 cash flowing rental properties as quickly and safely as possible. So far I have 4 and I keep 6 months of mortgage payments on hand and have a decent security net in place for maintenance etc. I know that leveraging a property with as little money down as possible would allow me to buy more properties much faster. However, I've noticed that I end up going the safer route by putting 20% down so that there is plenty of cash flow and therefore a little less risk. Also, I don't like to pay PMI but if the numbers make sense with only paying 10% does it make sense to pay it and take a little less cash flow? I know the numbers speak for themselves, but your opinions are appreciated!! Thanks!