If you were me...what would you do?

[Chris Heppner]

Hi everyone, first off thanks for taking time to review my post.

So I'm in a very unique and blessed situation where I own 9 rental properties, 1 of which is already paid off.  I have approximately $65k in extra income after all expenses are paid each month and I wanted to know what you all would do with the extra money each month.

Keep in mind that I"m already maxing out my retirement accounts, I'm putting money away for my kids' 529's plans, etc.  So here are my options (the way I see it).  My main goal is to quit my full-time jobs and solely focus on real estate and use that income as my sole income among the other investment capital I bring in.

OPTION 1

Continue to pay off each house as fast as possible until they're all paid for and then start purchasing other assets i.e. additional single-family rentals, car washes, coin laundry facilities, etc.

OPTION 2

Take a % of my left-over income and use that to pay down the houses and use the remaining to pursue other assets (what I explained in option 1).

I'm curious to know what you all think?  Thanks!