Inherited IRA: To stretch or not to stretch?

[David Morgan]

What's the best way to invest an inherited non-spousal IRA? The first RMD will put me into the next tax bracket, so I'm tempted to draw more out and put it towards a couple of multi-families with good cash flow.

I also see the benefit of stretching out the RMDs and otherwise leaving the IRA alone (in funds), or maybe switching custodians so I can buy notes, flip land, etc. But I'm guessing multi-families will give me more bang for the buck over time, especially if I'm in a higher tax bracket in my later years than I am now.

Anybody have experience they can share?