Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...

I wonder what do someone approaching retirement do with $1,000,000.00?  Buy a single property with cash and have about $65,000/yr in cash flow or use it for DP on a $4,000,000.00 property?  Would the cash flow be the ...