Best,JacksonUsing ChatGPT-generated responses adds no value to a discussion of Colorado STRs but more importantly ... much of this is flat-out incorrect information.First off, it's laughable that "Breckenridge" would be proposed as an option for a first-time investor.

This is a common question among real estate owners.Let's dive in:The reality is that wealthy families often pass on real estate assets from generation to generation.For example, if one generation has an RE entrepreneur who amasses $50 million worth of real estate, that portfolio can generate enough cash flow to support multiple future generations comfortably when passed on.So, what happens if that initial investor built their empire by rapidly depreciating assets and using 1031 exchanges to lower the basis and defer taxes along the way?

In the real estate industry, brand awarenessand lead generation serve different but complementary purposes, each targeting distinct aspects of business growth.

I rent the second floor for 2100 which leaves me with the remainder payment of 1132.Am I generating cash flow since I have approximately 65% of my mortgage covered by the tenants?

It's important to ensure that you can cover the HELOC payments from the income generated by the new property.

Year 1-3.We have 4 kids all older between the two of us.Our ultimate goal is retirement and generational wealth.Each kid will inherit one duplex and we want to teach them as much as possible.Does this sound like a good plan,Or am I missing anything?

He has lending companies, title companies, insurance companies, and many others, and they all generate money for him every time a SubTo member buys a deal. 

You can buy extra indoor cameras or customize kits. 

Gold/silver falls into that category as well and is more stable, has a long history of value retention and can't be hacked or generated from a computer. 

I'm sure with your responses, I will generate more questions.Thank you for all the help!