My wife and I are looking to step into the life changing life style of buying our first rental house.

I would always encourage everyone to get prequalified first to know what terms they face at the end of their BRRRR but since you have executed on this property with a partner I would highly recommend seeking a portfolio/commercial style loan for this one.  30 year fixed rate should be your target and usually between 70%-75% LTV is the norm.  

Mine has to be working on an old huge brick plantation style house. 

The properties should be similar in style, design and size.If you have a payoff amount of 80K and you refinance for 100K, the 20K delta can be used for whatever you want to use it for. 

HS RE Investor Meetup is having its monthly meeting tonight at Smoken in Style at 6:00

Could you possibly clean it off with razor style floor scrapers?

You could explore another government style loan on the other properties, like Fannie Mae or Freddie Mac, but they would also be 1 loan per property.  15% down minimum though on a single family home. 

If you have 5 properties with 5 separate management teams in 5 different states you’re going to have to file loads of taxes and keep track of 5 different management styles which will become a full time job.

We purchased several units that are in a Co-Op style property.

We purchased several units that are in a Co-Op style property.