You just inherited a dilapidated, crumbling-down grand mansion in the countryside. Assuming money is no issue, what do you do with it?
The first thing I would assess is the location, in countryside many houses are not getting much interest from investor. In ideal situation i would renovate it, decorate it with classic look furniture and make sure the water and electricity works fine. Then paint it in white and put fences around the lot, perhaps grow a grass and some flowers, so the place wouldn’t look dead.
Then I would sell it! I don’t need a grand mansion to live in, neither a big house. I would suffice with a one bedroom apartment in the city or a small island with small hut in it. That’s the way I want to live, live in simplicity. The money I got from the mansion would be placed on an investment trust or bought some stocks. That way I could finance my living cost and don’t have to complain in cleaning the mansion, not to mention paying the maintanance cost. What about you?