Prove
$\lim_{n\to\infty} 5^{\frac{1}{n}}=1$
Observe that we have \begin{align*} |5^{\frac{1}{n}}-1|&< \epsilon\\ 5^{\frac{1}{n}}&<\epsilon +1 \\ (\frac{1}{n})\ln{5}&<\ln{(\epsilon +1)}\\ \ln{5}&<n[\ln{(\epsilon +1)}]\\ \frac{\ln{5}}{\ln{(\epsilon +1)}}&<n \\ \end{align*}
Therefore let $\epsilon >0$ be arbitrarily given. Then choose $N> \frac{\ln{5}}{\ln{(\epsilon +1)}}$; then when $n\geq N$ that implies that
$|5^{\frac{1}{n}}-1|< \epsilon$ therefore $\lim5^{1/n}=1$.
However showing the last line i'm having trouble with now that I have my $N$.
I think your proof works.
Below is another proof.
Let $1+h_n=5^{\frac{1}{n}}$, then $h_n>0$ and $(1+h_n)^n=5$.
So, $\displaystyle 5>1+\binom{n}{1}h_n$ for $n>1$.
$\displaystyle h_n<\frac{4}{n}$.
For $\epsilon>0$, take $N\in\mathbb{N}$ such that $\displaystyle N>\frac{4}{\epsilon}$. Then for $n>N$,
\begin{align*} \left|5^{\frac{1}{n}}-1\right|&=h_n\\ &<\frac{4}{n}\\ &<\frac{4}{N}\\ &<\epsilon \end{align*}