Most of the ones I buy need minimal repairs or I will do most of the repairs myself and end up spending under 5k where someone else might spend 10-20k on repairs.It's not easy--they take work to fix and to find a decent tenant.

Santa Fe is a nice town but it is kind of small with minimal commercial.  

Still no luck.9/3 - I get a call from the buyer of one of my flips and he tells me the closing date has to be pushed back a few weeks because his USDA loan is being delayed.

My original plan was to just fix up this house and resell it but my realtor is a family friend that was able to get me a very good deal on it with minimal work that needs to be done, in an area that is going up in value.

It's also a LL friendly state, if someone doesn't pay rent, it takes minimal time and effort to evict them.

But I want to minimize my tax burden on a house I am in the process of flipping.

@Derek Young  Sorry for the delayed response.

When they see that having a cleaning crew come in will cost them $200 (or whatever), it gives them a good incentive to minimize the destruction.

Create a system, take minimal pictures, keep practicing : -)

The cost of the hotel room is minimal compared to the cost of finding another tenant.Odds are the person who hit the place is related to the tenants by the way.