not much money, should i try flipping a 40k ARV property?

[Devin Mann]

i dont have much money but have been trying to invest in something for a while now.

Whats your opinion on buying  a property cheap, for around 20-25k and reselling it for 40k arv (obviously the deal would have to make sense).  

is this a good way to get started flipping with not much money?

[Brian Pulaski]

Keep in mind even at a cheap price, the renovation costs won't be that much cheaper.

What I mean is, an hvac system replacement in a 1500 SF $250,000 house may cost $7500. The same hvac replacement in a 1500 SF $40,000 house is probably not much cheaper. Sure finishes will be cheaper, but materials (framing, insulation, windows, siding, roofing, etc) will cost more or less the same.

If you bought for $25,000 and planned to sell for $40,000... your renovation will only be $5000 or so. If you "missed" something, it could destroy your profits.