What would you today with $1,000,000?

[Account Closed]

Would love to hear the opinion of anyone on how exactly he would take $1,000,000 cash and utilize it to meet the targets below.

Please, if any agents/brokers are replying, don't talk about the market you work in as it's a bias opinion due to the nature of your work.

I currently live in Spain, but can oversee projects and physically arrive at a destination if needed but not relocate.

Goals:

1. Long term appreciation

2. Break even cash flow or positive cash flow (on todays rates)

Willing to do value add and development project

[Account Closed]

Quote from @Bob Stevens:

Quote from @Account Closed:

Would love to hear the opinion of anyone on how exactly he would take $1,000,000 cash and utilize it to meet the targets below.

Please, if any agents/brokers are replying, don't talk about the market you work in as it's a bias opinion due to the nature of your work.

I currently live in Spain, but can oversee projects and physically arrive at a destination if needed but not relocate.

Goals:

1. Long term appreciation

2. Break even cash flow or positive cash flow (on todays rates)

Willing to do value add and development project

 You can get about 20 SF mixed with some duplex's for about 110k avg per, with 50k down each. Rents will be 1200- 1900.  You will have much more then breakeven otherwise why bother. I just got a duplex all in about 85k with 20k in rent, 

All the best 

 110K properties are like C properties and lack long term appreciation.

What areas were you thinking?