@Moshe MarcianoI recently helped an investor from Orange County purchase a single family home here in San Diego.

Now days you don't buy a deal you make the deal either with how you operate the property, how you finance the property, or how you purchase the property.

I have a followup question - I will realize a lot of capital gain from this home in Idaho, so I think unless I purchase a new primary residence I will have to pay that capital gains tax. 

First, congratulations on purchasing your first property together.

Thank you all for your comments.I read all comments and I appreciate the feedback.I will comment on a few of the posts in my response below.Here are a few things I'd like to mention...Patrick was a valued member of our Multi-unit Acquisition Program (MAP).As a member, we determine one's purchasing power and diligently search for deals that meet their criteria and purchasing power.In real estate, there are a lot of moving pieces.

Is this for a primary purchase or build to rent/sell?

You don't need to actually rent to purchase a renters policy.

I’m looking to raise $160,000 to cover the purchase, renovation, and activation of this new Airbnb property.

That someone is going to deliver to you, on a silver platter, a property purchase you can simply say "yeah, sure, I'll take that" where you do some paint, carpet, little cleaning and tidying and turn around and clear a $100k? 

I already have an investment analysis workbook built that tells me everything I need to know to make a purchase decision, NOI, COC, ROI, and if the property will achieve the appropriate coverage ratio to be funded.