Where to start with a rental income property

[Raylicia Y.]

I am new to Bigger Pockets and have been listening to a few podcasts, reading a few popular books. But the situation that I am in now, I feel as though I should probably do even more research on how to start.

I found a property that I would like to purchase (by the way I will not be financing because it is through a foreclosed auction)

Is it too risky for my first investment? I currently have a contractor and an accountant. Would I need anyone else for my first property?