What's wrong with my plan? Newbie in Charlotte

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I'm just starting out. So far one of my goals (as listed in my profile) is to find an investor and partner up . Get a foreclosure in need of some basic repairs and do the repairs with my uncle who is a handyman, in a 1 month period any repairs I cannot do will be outsourced . Use a realtor and sell the home hopefully in a one month period. Anything wrong with this picture? Additional info below:

Home: 3br/2ba 1000-2000sqft in Davidson or Charlotte area. Close to schools, low crime, etc

Looking for an investor with: 80,000

Foreclosed Home: 60-70K

Repairs: 10-20K

Lawyer, Realtor fees, etc: 5,000

So the question is, what else do I need to take into consideration. Is my budget unrealistic, time frame unreasonable? Please be as critical as possible, only way Ill learn.