However, be mindful of the Section 461 business loss limitation, which could restrict your ability to deduct excess losses in a given year, depending on how your rentals are reported.This post does not create a CPA-Client relationship.

Depending on the valuation on the other property, you may be able to pull a HELOC on that one as well to get your $100k you're looking for.

I think they used to go up to like 80-85% CLTV depending on credit score.

There is a not so inexpensive fee - anywhere from 5k to 100k depending on the program and they take a % of each deal. 

However, the entire market depends on Robins Air Force Base, with not much else moving the needle.

The biggest thing with 5+ units is everything is more expensive, and the inspection requirements (depending on the municipality) are often more rigorous.

So I'd say the answer to your question is it depends.

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.

For bookkeeping it depends on your portfolio.A portfolio of 1-3 SFR's can likely be a DIY project.For 4+ you may want to consider outsourcing.For tax prep, you'll likely want to have a pro handle it regardless of the portfolio size.

I would still do due diligence such as whole property inspection, lead inspection (depending on when the property was built), appraisal, etc.