How would you invest 200k of private money at 10% interest?

[Hannah Hammond]

Someone who I am close with wants to partner in real estate and is willing to private lend up to $200,000 at an interest rate of 10%. I have plenty of landlord experience in single family homes, but have not yet owned any multi family homes or done any fix and flips. I have done a ton of research on both types of investing, but am not completely sure which is the best place to jump in. If you were in my shoes, how would you invest the money? One large value add multi family complex? Residential home fix and flip? A couple of smaller value add multi families? There are so many options, I am not sure which would be best to start. I would prefer a decent size multi family with good cash flow and room to add forced appreciation, but I would really appreciate your thoughts and opinions! Thank you :)