I'd recommend keeping it in the bank until you have learned enough to make intelligent investment decisions.Personally, I would do the following:500,000 - Gold, Bitcoin - Always prudent to hedge your bets.1,000,000 - Cash.

And I bet that when all is said and done, LPs who invest with GPs who put real wealth into their own deals will do better on a risk-adjusted basis than those who invest with GPs who don't.

That leaves me with being an out of state investor on the lookout for an extremely lucrative deal (I bet there are many of us here on this forum). 

Portfolio loan would be your best bet if you needed a loan on a property asap

Its  actually Stu Richards with an s but I think the other three are your best bets.

That’s the best bet.

Your best bet is to get a recommendation from other local investors.

Best bet may be a cash-out refinance DSCR Loan - what is the current financing/equity situation on the property?

What's the best option with low DP then the traditional 20%.. lastly of you have a awesome lender who is creative and can make it happen, please share contact Info. thanks  Sharing this article I published last year here on BiggerPockets on this exact topic - things are generally the same as when this was written up last Fall - your best bet is likely STR-friendly STR Lenders - ones that will use forward-thinking methodologies like AirDNA, etc. - probably about one third of DSCR lenders are STR friendly at this point (most will not do STR or have very conservative UW)Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

This is all historic, but I'd bet the fundamentals aren't too dissimilar now.