As someone who is looking to deploy a decent amount of capital next year, it's helpful to hang out with and learn from some like-minded people. 

Our mid/long-term growth prospects are promising and our stable and recession-resistant market dynamics make it a great please to deploy capital!

You may have to be open buying several units in more than one market in order to deploy all of your capital and avoid getting taxed. 

Great cashflow and pretty stable.Investing in a syndication as an LP might be good option as well..If you're going to deploy 500K on your own, you have to become very knowledgeable in RE first.

I am looking to deploy my cash into a multi family property that has great cash flow.

At the moment, I am not buying in Cleveland because we have deployed a lot of capital in stabilizing our multi family assets but I still think there is abundant opportunity in Cleveland. 

I would think that a lot of folks who were in it 2-3 years ago were in it for the non-performers, and we know how that market is currently.I'm not currently buying because my capital is currently deployed. 

Large anchor employers is another key ingredient to look for when you are looking to deploy your investment capital.  

I'm Ex Army been here sense 2012 was active duty 2005-2011 ( deployed to Iraq twice in support of OIF)

Other tools in the box is your knowledge, experience, capital on hand, literal tools/equipment you own, etc.You then need a project in which you can deploy the tools - aka the deal.If you can find a deal, the money will be easy.