Here's a FT video with all the basics:
http://flitetest.com/articles/balsa-building-basics
And I'm working on an article called "Getting Into Free Flight". Just a teaser. Should be out in a month or so.
A couple of other articles to help you:
http://flitetest.com/articles/f1d-indoor-free-flight
http://flitetest.com/articles/rocket-glider-free-flight.
Some tips from me (I
love building with balsa, BTW):
1. Keep it light! Use only a little bit of CA glue A drop is all you need (in most cases);
2. Try to get a laser-cut kit. What you linked to is a die-cut kit. Although they are still OK, in my experience die-cut kits take more time and are less fun and more frustration;
3. Covering material-- use the tissue paper supplied in the kit. To apply it, thin out some wood glue with water (a 70/30 ratio of glue/water works best) and brush the mixture on to the bare frame. After that, lay the paper over the glue and let it sit for a few hours. Then use some alcohol and a hot lamp to shrink the tissue, and then brush it over with some dope. I like to use Eze Dope:
http://www.amazon.com/DELUXE-MATERIALS-Eze-Dope-250ml/dp/B004SKODTW;
4. Replace the stock rubber (it's junk) with a better one like this one:
http://www.peck-polymers.com/#!product/prd1/3788904121/3-32"-super-sport-rubber---16-feet;
5. Lubricate the rubber with a rubber lube:
http://www.stevensaero.com/SIG-Rubber-Lube.html (Place the rubber in a bag and drip a few drops of the lubricant in. Close the bag and wriggle the rubber around. BE SURE TO TIE THE KNOT ON THE RUBBER BEFORE LUBRICATION! Otherwise, the know will untie itself the first time you start winding.);
6. Get a winder to wind the model up faster;
7. Secure the knot of the rubber at the back of the model; use a 3/32" aluminum tube to hold the rubber in place. Since the tube is hollow, you can pass a thinner wire though it and place that wire behind two posts-- that way, you'll be able to wind her up easier.
These are just the basics. Try to find a club/group/organization in your area. Those guys are usually very welcoming and supportive.
Good luck and have fun!!!