In my opinion, this is way riskier for a novice then doing short term notes on a local flip.

Just asking as a novice person reading this trading naked would be a risky bet.Since the volatility is so high, spreads are pretty fat right now,but don't know when it will drop to grab the premium ;)----For the other answers,  we are in an unchartered market.

@Corey M.The accreditation thing comes up because the fed. government has safeguards in place to help prevent novice investors from losing more than they can stomach. 

To answer Jeff's concerns about the analysis, I did not know there was a need to include closing cost in the calculation (novice mistake).

I have not been through the process of buying a property so please bear with me if my questions seem "novice".

Thankfully, and I say this as a novice with nothing but faith, commitment, and a firm reliance on Divine Providence, that real estate will lead me to the future I once believed my education would take me to. 

In similar manner value stocks who pay dividends provide cash flow.I wasn't offering some profound advice, since I'm a novice when it comes to real estate.

However as a novice broker, choosing the right brokerage to join has not been as simple as I thought.

It would be income that would be reported on and that I would ultimately have to pay taxes to.Again, I am sorry I am such a novice and realize this is probably an extremely stupid question.

@Anna M. here is a good thread if you read it all the way through  https://www.biggerpockets.com/forums/311/topics/43...From what I gathered from the presentation is that most banks don't seem to notice the difference between a land trust and a living trust and they assume you are doing some estate planning and it will probably not trigger the due on sale clause (but I'm a relative novice and that is not legal advice)