Planning to house flip

[Ducane Brah]

A family member of mine is coming into nearly $200k and wants to buy a house. However an idea that has been floated around has been using this as an opportunity to get into the real estate business flipping homes. Here is the situation:

Family member, lets call him A, is the one with the money. 

Because of the price ranges within our state we are looking out of state and the goal is to do something like this:

Buy house of of state, I will live there alone instead of A who has things going in our current state. I will live in flip and we will hopefully refinance for a 2nd property and continue this process. 

My questions are as follows: Is this a sound idea in the broadest terms?

If this happens, what can I do as someone with no experience to be fully prepared for this task? I'm very much an over planner and would like to be able to make this into a business, networking with people to create a team that would allow us to buy and sell faster over time. Who would I need and what can I learn that would allow me to be as hands on as possible with the whole flip?