Just got approved for $140k. What should I do with this much?

[Reno Jones]

So I finally will be buying my first property in MO and I’m trying to figure what to do it best. I got approved for $140k and when I pick the house should I live there for a year or 2 and then sell it for profit after I fix it up? I know how to do all the construction work so I save money there. Is this how you get started in real estate since I cant get a duplex or anything like that? Please help I want to move forward with my goals.