Take online content from large influencers with a grain of salt - yes some of their content is relevant, but at the end of the day they're in the business of attracting eyeballs. 

More food for thought. 

I am a retired tax attorney so I always think about how to save on taxes because I saw how such a structure can make a huge difference today and in the long run Since I retired relatively young I wanted freedom, no hassles and safe long term income Btw I retired relatively young (many years ago) thanks to investing in real estate and paying usually no more than 15% in tax to compound my returnsSo my suggestion to you, if and when you inherit the $10mil net is:1) Move to Puerto Rico (best tax incentives for US citizens and Carribbean weather plus direct flights to many US cities inexpensively) 2) Invest in the funds there that deal with historic properties 3) you will make 8% tax exempt income per year with no tax, no hassles, and no problems Way better than municipal bonds or anything else You can private message me and I can share with you how I have done it and where Btw I would not do flips (too much work)I would not buy Apt Bldgs (too many hassles) I would stay away from cold places and move to Carribbean weather or at least a warm place like California PR Florida of Puerto Rico is not so exciting for you I would certainly stay away from any direct debt or leverage and just enjoy health through good food, sleep and exercise and happiness through positive goals and good relationships All the best

This is also my first year, so have yet to do the actual book keeping of what I am going to say below, so take it with a grain of salt!

Can check them out the the Navy Exchange food court if you are ever near the airport. 

The property also appreciated enough that when we sell it we will make a profit after all costs associated with maintaining it are accounted for (down payment, utilities, landscaping, food, main sewer line replacement).My son graduates in June and we have decided to keep it as a rental and not sell it.

@Niles George, you can't food me.

What you do have are liquor stores, check cashing places, and multiple fast food chains.

Not afraid to go against the grain to say what they knew was right.

All the advice listed above is good; finding groups, who you want to target, ect but this is some food for thought as well.