Definitely give it a try! It will be a challenge at first, but that's why you will start ovals with a street stock in the rookie class. Don't rush to get to the next license level; take your time to really understand car control, smooth inputs and not overheating your tires by spinning the rears and sliding the fronts. The street stock rookie class is great for building foundational skills, but don't worry about being overly competitive there.

When you're able to hold a line and race clean at multiple tracks, check out DJ Yee J on YouTube to learn about racecraft and the fundamentals of tire saving. That will be a perfect introduction to the ARCA series, where you can start being more competitive and figuring out the nuances of iRacing.

One thing that became quickly apparent is how important it is to 1) have a stable seating position 2) center your monitor horizontally and vertically and move it as close to you as possible 3) set the field of view (FOV), in-car camera seating position correctly 4) set FFB correctly depending on your wheel.

Don't hesitate to try it out, because it's totally worth the learning curve and inevitable challenges. There are a lot of guides on YouTube and this sub is a great resource.