Meaning, for the more simple minded people, you could sit with your thumb up your butt for 121 months before you run out of the $8,000.If you can make more than 0.8% or $65.90 a month on your $8,000 over the course of 30 years, then I would say you would have made the right decision to skimp out on the bigger down payment.NOW.. my honest opinion, although i'm not a mogul like some of these people are, or pretend to be on this website..I would say keep the $8,000 and find a way to get extremely creative with it in order to make more than .8% a month to make it a good investment.

We didn't skimp on anything, we figured out the point in everything that would maximize our happiness.  

Most of the learning will come throughout the next year, but some advice is not to skimp on your due diligence when placing tenants.

Don’t skimp on the mattress - everyone in the world wants a good night’s sleep.

Don't skimp on the carpet, if it needs to be replaced...

I know some Scrooge like landlords skimp on this but I am convinced that Christmas gifts build good will and are appropriate.

I agree, do not skimp on important coverages.

Imagine yourself in the shoes of the buyer, thinking that "the cheap seller skimped on the appliances when new ones would have only cost one or two percent of the asking price" ...

A screening tool will help shave some time, but do not skimp on screening. 

Go for quality here - don't skimp.