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.  

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.

Hmmm, in my eyes rent is always a waste as you have no return.

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.

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 : -)

Don't waste capital on so-so deals.

Around here, an inspection will cost you at least $200 so why waste that kind of money when you may not have your offer accepted?