I am looking to create new revenue streams and am a complete novice.

Real Estate Newbie"Real estate newbies" refers to individuals who are new to the world of real estate.These are people who are just starting their journey in buying, selling, or investing in properties and may not have much experience or knowledge in this field.Being a newbie in real estate is like being a beginner in a new game or hobby; you're learning the rules, strategies, and best practices to succeed.It's an exciting but sometimes challenging place to be, and that's why guides and tips tailored for real estate newbies, like the one you're reading, can be incredibly helpful.Whether you're a first-time homebuyer or a novice investor, these resources provide valuable insights and guidance to make your real estate journey smoother and more successful.Tip 1: Define Your GoalsWhen it comes to your real estate journey, the very first step is to define your goals.But what does that mean, exactly?

I agree with some of your post but you're making assumptions that some novice investors make.

I am a novice and my teenaged son and I did this on our own.

Having been in the short-term rental industry for a while now and currently running an STR business, I can tell you right now that all of the items you had listed as potential issues and horror stories are novice traps that are easily addressable once you understand how Airbnb (as a company, and other OTAs) operates and how to leverage tools/strategies that proactively filters out most bad guests. 

I’m a total novice but understand the basic principles.

If any veterans would like to share some insight for a complete novice, I would greatly appreciate.

I'm a novice, but my answer is no.

Here are some pointers and recommendations for novices.As a novice, dedicate some time to familiarise yourself with various investing approaches, current market conditions, and the local real estate landscape.

:)To your point, we are an amazing opportunity for novice and professional investors.