newbie is cash the best way to buy

[N/A N/A]

I am brand new to this although I have a lot of remodeling experience and have read up on strategies on looking for investment property. Basically I am looking to flip houses. I have the cash available to purchase property up to 300k obviously I want to spend far less on my first project and would have cash for any work that needs to be done, which I have the skills and tools to do anything needed. It may sound really dumb but is using my cash a good idea? of course it eliminates interest but are there other pitfalls I may be overlooking?