No talking to will fix a person raised to live like a pig.  

One Panhandle County I talked to the tax assessor about this one time and this particular property she said the guy was old and had no money so they felt sorry for him and didn't foreclose until he passed. 

We worked this out with our CPA and this was his recommendation so i recommend starting with 1 account and as you grow and scale talk to your CPA and banker to see what they are seeing other investors do and what they recommend for your situation

That would do what you are talking about and more.

FHA 3.5%.You should talk with a lender like @Jose Valdovinos! 

We aren't talking "rocket science" here. 

Dave Ramsey of course believes in having zero debt, but the money you are borrowing was fairly cheap so why not continue to leverage it?

The few people I've talked to don't really have good opinions on it. 

The only correct advice is, "Go talk to a professional."

Depending on how long it takes you to save up the amount, you might want to also allow for inflation on that amount for your continued savings.[2]   Read Rich Dad poor dad.[3]   Think about getting a second job - possibly a temporary job - save a 100% of the money.Just my 2 cents.