250k On Hand, Now What?

I'm wondering what you guys would do in my situation. I have 250k on hand. A house note... and that's it. Everything is paid off. How would you guys invest this money? I'm thinking of using this cash to establish a business, or businesses in the city of Houston but there are so many ideas (some bad) I'm not sure which rout to take. I receive a military retirement and all bills are paid for. Rentals? Franchise? Finish paying the house off and start from ground 0? I'm sure there are better...

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