Question on my potential flip in Chicago suburb

[James Bitakis]

I am looking to buy a 4/2 SFH in a Chicago suburb. It is in a western suburb in Dupage County. Nice middle class area. The home is 1336 sq ft. with a 1 car attached garage on a slab. It needs complete rehab plus I'd do new siding and roof.

Price: 130K  

ARV: 190-210K (low estimate). Is this too small of a margin for a first timer? I would be acting as the GC supervising the work. I'd only do some of the smaller things (paint, demolishing, cleaning only) as I'm not that handy.

James