Sorry to be a bit late welcoming you ... but ... well ... welcome!
I second the recommendation to take lessons. It's better to learn the basics from the beginning, than to have to back later and unlearn bad habits.
And as for the cheap kit ... I'm still playing the $300 Pacific kit I started on 3 years ago. If you swap out the heads and upgrade the cymbals, you'll be amazed at how much better the kit sounds.
Glad to have you on the board.