Small business and starter cash

I'd buy a cheap house with 10k and fix it up with about a 5k investment while living in it. (paint and carpet and used appliances wouldn't even cost 2k) Put about 3k in a CD so it's making money for me. Sell the house for a 40-50k profit then move on to something slightly larger all while keeping most of my profits in a CD. I'd continue to do this over and over while moving up to nicer homes or areas.