I'm considering purchasing a condo or a small SFH in the Oceanside/Carlsbad area as an investment property and renting it out on a short term rental site like AirBNB. 

What's the location, purchase price, expected Reno cost, ARV, etc.?  

In order to defer all tax you must purchase at least as much real estate as you sold. 

I don't want to violate any of the self-promotion rules on this thread by specifically linking or name-dropping, but it's from a data analytics platform I am working on specifically built for tracking construction, debt, and ownership activity in the Philadelphia region.I will be posting more detailed insights soon. 

We have some real estate experience - home purchases & managing rentals.

Did you build that or purchased from somewhere?

There are a lot of good meetups for real estate investors in the area that would be good to grow your network and learn from others that are and have been in your shoes as a new investor, message me and I can share on some specific monthly meetups.Also sharing some multifamily data, this is Boston proper so it has an interesting trend compared to the rest of Massachusetts.

I'd be interested to hear others that have specific experience with them. 

Just curious, what did you end up purchasing after and why?

@John Lasherjust curious what specifically you're looking to do - GP or LP?