Investment Ideas with $550,000 Cash in Hand

[Sasang Doc]

Hello fellow BPers,

What would you do if after selling your primary residence, there's $550,000 cash left over to invest in real estate? Suppose you'd like to squeeze as much cash flow out of the investment as possible and wouldn't mind venturing out of state. Where and what type of real estate (SFR, MFR, Apartment building, etc.) would you go for?

FYI: I've been MFR investing in the Newburgh Heights, Cleveland Heights, Garfield Heights area of Cleveland but currently reside in the Portland Oregon area.

Would appreciate any ideas/suggestions!