Quote from @Jerem Kaawaloa: I have spent the past 20 years working in health care and have only ever purchased properties for my own use, including a home and office.

I will add that to your question of 10% or 20%, you need to ask yourself whether you need the cashflow or not. 10% down would leave some money with which to buy more properties.

Once that happens, the tenant is buying the property for you. 

@Makani Donaldson it all depends on your investment goals.If you buy a Class A rental, it'll usually have negative cashflow, which will be hopefully offset with appreciation and better tenants.If you buy a CLass C or D rental, it should have pretty good cashflow because you may not realize much in appreciation and you'll have a lot more problems finding good tenants.

I think having a balanced budget would be ideal where you allocate money into buying another property and money set aside for renovations.

for me  a handful since early 80s  now in those days I was ONLY buying land that had owner contracts on them. 

Buying My First RentalI was 24, being mentored by Dave for two years and I was ready to jump into real estate investing for myself.

Investment Info:Large multi-family (5+ units) buy & hold investment.

Check with your Section 8 office. 

Quote from @Robert Medina:  I’m trying to figure out how I can pay myself and buy another property. ...