The problem is not so much with the complexity in flying a CP machine. As I understand it, a properly setup CP machine is easier to fly than a FP machine. But a CP machine is more difficult to get set up correctly. Not impossible, but more difficult. Proper setup makes a world of difference on a FP machine, and is more critical on a CP machine. So, until you have experience doing fine tuning of the setup on a FP machine, a CP machine is a rougher way to start.
Also, you are a beginner. You will crash. Don't take this as a statement of predicted failure. I have been flying for some time now and I still crash. That is not the real problem. The issue is that crashing a CP machine means that you are running those more complicated, more fragile, faster rotating CP parts into walls, furniture and the floor. $$$
Again, I am not sure how the Elite CP HB is configured, but a CP Piccolo has wooden blades that shatter each time you hit anything. I have bashed my plastic FP Piccolo blades into everything in the house. Inverted landings on my chain link fence. Steel post in the basement. Coffee table. Me. Chairs. Everything. I have broken a number of pieces, but the blades survived. Go price a set of replacement CP blades. (and multiply by ten)
Don't think that I am shooting down your brand choice or your chances of success. I just strongly believe that you will probably be better off spending a bit more cash now to get a FP kit, use all the electronics you had planned toput on the CP one for the FP one until you have learned to setup, troubleshoot (oh, yeah, and fly) THEN get the CP machine out and kick up the challange. This will almost certainly be cheaper than learning on the CP machine, and a lot less frustrating.
Good luck. Let us know how you do. And keep asking questions.