It is a great property in a good area and I feel it can produce for me for years to come.  

I've found that one of the best ways to produce a quick stream of income is to purchase a lower cost investment property.

It's no steal, but if I could get into with very little of my own cash then it becomes a great deal due to the cash flow it will produce and the resulting cash on cash return. 

Rent it out if you can produce cash flow.

Usually the purchase price produces about $700 in total rent.

So to answer the question, I would take the million and using reasonable leverage, put together a portfolio of income producing properties which could yield between 10 and 30 percent cash on cash returns.

I am just realizing it might've been a big mistake, instead of using the ones I already now and work just fine.So I've had a listing for almost two months now and the broker, who assigned a new agent,  not only has not produced anything, nothing at all, but haven't even showed the property.

This seems like a great way for an entrepreneur to produce a WIN/WIN for everyone.  

Example: A 300K SFR does not Equal a 300K Multifamily in the sense that each unit is an income producing unit.  

The house I live in now isn't producing much cashflow because im living in it.