I woke up with $1.1 million equity and have NO idea what to do.

[Dennis Nikolaev]

Thank you for opening my post.

I was haphazardly dumping cash in San Diego rental properties since 2006.
I don't call it investing, because I had no idea what I was doing. Fortunately, I got in on the upswing of 2012 -2018 appreciation wave and now I have 6 units with $1.1 Mill in equity (1 being paid off and enough cash to pay off 1 more)

Here are a few directions I have in mind.

1. HELOC the paid-off unit for 300k and buy for cash another one on the outskirts of San Diego.

2. HELOC the paid-off unit for 300k and get several turn-key properties in Mid-West (Illinois possibly).

3. Focus on paying off untis with the smallest balance. HELOC them all and wait for the next swing in prices on the west coast.

Please, share your advice; what would you do with 1.1 mill equity NOW.

Dennis