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Be super silly to some I guess.
I would leverage it pretty strong and use it as my required 20% down payment budget for real estate. I would then pillage my local areas real estate grabbing up all of the 100-150k houses available right now (they were about 2-3 times that before).
Figure 20-30k each, 25k average. 30 = 750k spent.
30 houses and average rents here (after the depression) for such houses 1000.00
30x1,000 = 30,000 a month x10 months = 300,000 a year (assumes 2 months vacancies)
Keep that 250k in a high yield set of accounts.
Use the rental income coming in, as additional down payments. So on average you should be able to take the rental profits and put down another 20% down payment on another such property. That brings you up to 31k a month, then 32, 33, 34, 35, 36, 37, 38, 39, 40. Which should allow for yet an additional bonus house making it 11 in 10 new ones in 10 months.
Hitting second year, you focus in on the 20-60k houses that rent for about 700.00 here. The numbers could then get mind blowing.
Yes you would have repair issues, income tax, property taxes, that sort of thing but in my drugged mind it works. Plus pretty damn sure I could make it work, though knowing myself I would start with the cheap shit first.
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