Are auction properties my best bet right now?

[Joey Coffing]

Hello all,

I'm posting here to ask for some advice regarding my specific situation. After living paycheck to paycheck for years, I received a small inheritance of around $25k, and would like to use that to start my real estate investing ventures. My end goal is to get into new constructions, however I'm not sure that my credit is currently good enough (<600), so my assumption is that my best bet would be to start with an auction property. That being said, my main question is would that be my best bet given my circumstances, and if so then where should I be looking (Las Vegas, where I live, doesn't seem to have good affordable options for me), and what specifics should I be looking for? I want to be able to purchase and fix up a property using no more than $20k of my own money and make at least $10k off of it within a few months' turnaround, rinse and repeat. 

I'm also planning on having a real estate LLC that I would use to be purchasing these properties, focusing more on using and building the business' credit and leaving my own personal credit out entirely. That would hopefully eventually enable me to reach my end goal somewhat faster.

I'm open to suggestions, I'm wanting to start making enough for this to be my full time job within the next few months. Thanks so much.