I'd be willing to bet it will be the best option of all since the sooner those payments are made the more impact it will have on the reduction in the amount of interest you would pay.

Gary Keller has written a number of books on investing and his book The Millionaire Real Estate Investor seems to be a popular REI book here on BP.

If you have absolutely no clue the best bet is to have a local attorney handle it for you, there are plenty of attorneys that specialize in evictions and will do so for a fairly low flat fee plus costs.The first step in almost any location is to provide the tenant the required pay or quit notice, giving the tenant X days (as required by law) to pay the rent before you can file anything.

NEVER bet on appreciation4.

There is one particularly popular RE company that I will NOT do business with under any circumstance.I honestly only need someone to show the place during the morning hours.

For wealth building, the leverage betting odds are in your favor at this point in history with cheap money available and a lot of decent deals out there, but there is always risk in accumulating debt and you limit your mobility to purchase more deals with every new one you acquire unless you have significant capital resources.In rural west Tennessee where I grew up, I would only purchase property at a very, very steep discount which is often possible.

The seller can (contrary to popular guru beliefs) sell a property under an option with the sale being subject to the rights of the option.

Consider using arbitrage here rather than focusing on paying down the mortgages, I would bet my mortgage that when done right, you would come out ahead that way as opposed to your way.Example, rather than paying the extra to the next mortgage, why not take that extra, get a cash out refi on the paid off home, and buy an 11 home!

Take some time and seek out the competition in the area, looking at the popular vacation rental sites.

There close to down town, bus lines an art school, restaurants its a popular area.Would the best move after the refinance, to hold them until they reach the $120,000 value, then do a 1031 and move on to something different?