is  it better to pay off existing investment mortgages with excess income and then use that equity to fund future down payments on purchases, or conserve cash and pay off investment mortgages as scheduled?

If the property is sold at auction, any excess from the sale would go to you.

I have a lot of excess energy to burn off.Keep it Wealthy,Dhane

The 10K price though seems excessive.

With all due respect to the non-Texan responses, a $3500 earnest money deposit on a $104,000 house is VERY excessive. 1% of the purchase price is the norm.This tells me that the sellers has been burned by someone backing out of the deal.

Generally, an umbrella policy covers any excess damages that haven't already been paid by your underlying policies, but those policies need to pay in the first place, and then the umbrella kicks in.

Most complaints sound like sour grapes, excessive fees or cumbersome processes.  

At the end of the year, I will have in excess of $100,000 in cash available to invest. 

The excess capital from leverage does not have to be reinvested in more real estate.  

Excess food lying around is the main reason for mouse to vist your property.