Build or Buy multifamily homes

[Aaron Duplex]

I own a duplex and the property is big enough to subdivide multiple times. In my area it's expensive to buy and very competitive to get multifamily homes. I have cash and I'm not in any rush. I've never been in this position of wealth before and know I'm at a crossroad in life that can continue to bless my family or be a hardship. If anyone has some suggestions I would greatly appreciate it.