Advice on investment opportunities for $700k cash

[Aaron Xie]

Hi, BPers, 

   Happy New Year! I have been away from the forum for some time, busy with making my first pot of gold.

   Now I would like to get some idea from you about investment opportunities for $700k cash. Where and what type of real estate properties will be a good choice? It does not have to be real estate, but this is the area I have experience with. I am a Canadian, but I have been in Chicago/Indianapolis for about 10 years for school, and right now frequently travel to Los Angeles. 

   Any thought will be appreciated.