With 1.5million in cash, what portfolio should I have?

[Mei Liu]

First I want to thank this BP for providing me a lot of info on REI !
I invested some properties overseas. It brought me tremendous return ,about 5 times appreciation. I am liquidating all of them. It wil be about 1.5 million. I am planning bringing here and investing in my area.I've done a lot of search but i am frustrated what portfolio I should have, especially MF vs. SFR. I am temped to buy short sale , REO, trustee's sales SFH with low prices for long term renting. I like hands on management. It will be easier for me. Besides, it seems SFH are better deals in this time market. Any opinion will be appreciated.