The answer is famously: it depends.

Oh, I guess I misunderstood.

All most famous ''gurus'' that I know own ministorages and very few own sf, because they understand where they make more $ and spend less time.I attended a boot camp 3 years ago about mini storages in Indianapolis, it was a very good course.

Quote from @Jesse Turner: I think you misunderstood.

Property management is KEY in Cash flow markets like Danville.I might have misunderstood him but I think he meant 50k available for down payment 

The famous joke in the office was when I told a PM (property manager) I bought a property they would ask "did you walk through it or was this another Keaton special?"

I will let engelo pontificate on it.. being that he is famous there.. you may not have known it but he bought the cheapest home ever sold in All of Australia and made national news.. then they kicked him out of the country and he had to flee to the US were as we know we love imigration legal or not.

The Seller did not understand or misunderstood and thought that NONE Of these $60K in funds would be credited or APPLIED towards the $300K property purchase STRIKE PRICE.   

Here are some key strategies to consider to help you stand out, maximize your occupancy rate, and boost your cash flow.First and foremost, invest in properties short distances from popular vacation spots like famous beaches, golf courses, and locations with great weather all year.

Maybe I misunderstood him or he meant something else, but I don't see how paying the same amount it would be regardless but just in 3 separate payments helps reduce the mortgage more than it would've been over time.