What would you do if you had $90k in a Self Directed IRA?

[Jamie Rost]

If you had $90K to invest using funds from a Self Directed IRA how would you use it?

I have been thinking about this for some time. Here are some of my ideas and I would love to hear what you would do.

Option 1: Purchase a SFH/Duplex/Triplex in the Midwest all cash and hold as rental

Option 2: Use the money as down payment and purchase a single multifamily with a nonrecourse loan (this research has not been very successful).

Option 3: Use the money as a lender to fund other deals. 

I feel like I have been thinking too long about this and found myself in an endless researach loop with no end in sight. I think a fresh perspective would be great.