How would you invest $1M?

[Kusha Karvandi]

I’m interested in getting more into rental real estate investing (and potentially investing in notes). My main goal is to make sure I generate enough cash flow to cover my family’s needs which are around $80k per year in expenses. What would be the best way to invest $1M to generate that type of income? I’m newer to rental real estate investing so I’m not sure what type of cash on cash return is considered too conservative vs too aggressive. 8% seems more on the conservative side especially since I would be very active in this and not a passive investor. But I’d love to get some input from the bigger pockets community.