Ok! I got started but now what after 5 years in?

[David E.]

I currently have 2 very nice 3 bed 1300 sq ft houses that I paid full retail mortgage for of $110,000 each 5 years ago. My idea was to buy and hold the 2 properties by paying extra on principal on one and the very minimal on the other. Once 1 property was paid off I planed to make double payments on the other.

House (A) I currently owe about $61,000 with a 2.5% fixed interest rate with a 5 year balloon note I just refinanced into.

House (B) I currently owe $102,000 at 5.0% fixed interest rate at 30 years.

I own 5 acres of land(C) free and clear in Beebe Arkansas that I am currently living on that's tied up in House(A) worth about $25,000. (it's in the country, out side the city limit)

I own 1.5 acres of commercial land(D) in Little Rock, Arkansas (1 hour away) free and clear and it's worth about $22,000 (it's in the city) that I am currently renting the land to a business for $150 a month where they sell portable buildings. I sold this property in the past on payments for $300 down and $300 a month, but ended up taking the land back because the tenant would go 30 to 60 days without payments.  The current renter is payment $150 a month, I took this low of offer just because I don't feel like mowing it.  My current renter wants to buy the property at $150-$200 a month.  I am not sure how I feel about this.

I have about $800 - $1200 extra income per month after paying all the bills and assuming that I don't have any move outs or get fired from my day job :)

Currently I am taking all my extra money and paying about $1000 a month in principal only on House (A).   

Should I stay the course and keep paying $1000 a month when I can on the principal on House (A) for another 5 years ? Or Do I have options that I don't see ?

Thanks in advance.