Would You Pay Off Properties Or Buy More Rentals In My Case?

[Danny N.]

Hey guys, Im at a sort of crossroad on not being sure what the right answer is my financial dilemma. I make a great income from my my small business and I have 2 mortgages left and Im trying to decide if I should pay them or keep buying rentals that make me money with the cash. So here are my assets

Main Home $1.3M value Mortgage $200k left @ 3.5%

2nd Home $650k value Mortgage $228k left @ 4.375%....$3500/mo rent 

Rental Home 1 - $65k value Rent - $800

Rental Home 2 - $65k value Rent - $850

Rental Home 3 - $65k Value Rent - $950

Rental Home 4 - $65k Value Rent - $950

Rental Home 5 - $65k Value Rent - $500

27,000 sq ft lot - $150k Value Rent - $800(small used car lot)

37,000 sq ft lot - $150k Value Rent- $400(small 400 sq ft hair salon)

10,000 sq ft lot - $300k Value

I have a good bit of cash every month coming in from these rentals I've amassed and Im making good money at work and I have a good property manager, would it be better to 

1) pay down my home and save the money im paying monthly

2) pay down the expensive rental which is my retirement property on the beach one day but leased out now 

3) Just stay the course and keep adding rentals and using income to pay down the 2 properties?