How much To put down 5% or 20%

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I'm looking to buy my first investment property. I have enough money to put 20% down. But I was wondering what are the pros & cons of putting 5% down on a first time home loan compared to 20% if the 5% is able to cash flow. How would this affect my ability to buy more properties in the future?

"How would this affect my ability to buy more properties in the future?"

Do the math. 5% down would leave you the other 15% to invest in more properties.

There are plenty of ways to get financing, cash on the other hand is much harder to find and too value to let it die a slow death as  unnecessaery equity.