It appears that it’s very common I think people who have never lived in an area like this have some horribleness misconceptions about our real estate

Just a quick FYI, addressing a misconception that might be there between the lines if I'm reading that right.Mortgage credit pulls have the lowest impact on your FICO score of all types of inquiries.

I think your biggest misconception is in the education needed to become an agent. 

I think a common misconception that people have when they initially get any sort of windfall is "How do I make this money equal financial independence for the rest of my life?"

I am not either of those things, but at first blush I think you have some misconceptions.

I think there is a big misconception in the real estate world, that once you become an realtor you will instantly be making money.

The mortgage wouldn’t hold him back, and contrary to popular misconception, you can still sell a property while in probate. 

This is a great place to learn everything you need about REI.Try looking at: The Most Common Misconceptions of Investing in Real Estate

I know a few of my neighbors here and not one of them is an oil exec, so that misconception is overdone about Houston.

LOTS of misconceptions out there...