Remove caulk depending on condition could take 1/2 hour.

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

Depends on the bank!

It might even work if you don't house hack, just depends on how much rehab is needed.

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.

The idea of debt-free is that if a person is going to retire and has to completely depend on the income, they don't want a severe recession surprising them and causing them to default on the debt and losing the properties.In a normal world, I would do that as well.

You are bleeding money now, but each year it might actually get worse depending on the financials. 

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

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.