always start with the minimum

♦♥♣♠

I recommend that you always sit down with the minimum when you first join a table. Even if you want to rebuy for the maximum right away, you will be  better off doing so when you are the small blind so that the funds are in play when you are the button. A short stack nit strategy can be especially profitable in loose and volatile live PLO games where you will have the ability to trap significant amounts of dead money with aces without worrying about getting stranded on a bad flop. Usually I will adjust my stack size depending on game conditions.  If I am at a table of all fish then I will usually top up to the max.  If I am at a table with 2 regs, both deep stack, and 3 fish, all short stack, then I will not add on any chips. Optimal stack size is a function of your opponents' skill levels and their respective stack sizes. Generally you want your stack size to match the mode fish stack size.

One advantage to being short stacked in the blinds is that this negates your positional disadvantage somewhat.  Three betting out of position in PLO is generally a bad idea, but when you are short you can often get a committing amount of your stack in pre enabling you to shove a wide variety of flops that don't help you.

I had just bought in to a .50/1 game on Bodog for $30 and my first hand in the BB I picked up A♣A♦5♦9♥.  The CO min raised, the SB flatted and I three bet pot to $8. Only the CO called. The flop came down T♦6♥4♦. I bet the pot and took it down. Of course this is a very good flop for my hand but I would be shoving fairly liberally, content in the knowledge that my opponent could not raise me out w/ a hand that has decent but not crushing equity against me.