Flipping my first house...

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...well, maybe. Hey everyone, I'm new here and will hopefully will be flipping my first house soon. It's a family members house who is now too old to live alone. It's paid off buy its seriously old and worn out. 2 bed, 1 bath and about 720 sq. Ft. in a developing area.

I have no experience flipping or selling houses but I have watched a lot of HGTV :-)....yeah, I know that doesn't mean squat. I'm going this weekend to do a walkthrough then I plan on getting a contractor and realtor to come take a look. If we believe that this project is doable then I'll try to find an investor.

I will probably be asking more specific questions as time goes on but for now does anyone have ant advice for getting started? What should I be looking for during this walkthrough?

Thanks!