Hello I am a new wholesaler and I picked up a deal just outside of 1604 near San Antonio that I believe is great opportunity.

I don't even mention interest.I did this recently and the guy picked the higher price with him carrying the mortgage for 5 years with no interest.Turns out a probate for one of his parents needed to be done so we are paying for this.

I am glad you picked it up and are able to describe what is happening so clearly to warn others.

As long as you stay invested and let your hard earned capital continue to grow, you can pick your spots when a real estate opportunity offers outsized returns comparatively to other investments. 

Although not everyone, they pick and choose who they charge what to.

I see some lenders out there would just pick the "lowest" rate and the client ends up paying more than 1% of the loan amount at their closing costs.Key point is "Lowest" rate does not mean the cheapest rate  I have worked in traditional community banking for over 7 years.

You also have to consider the down time of not renting while you renovate and likely having to fly in several times to check on work, meed contractors, pick up supplies.

Pick careful if you have college students when you move out. 

if STRs are something you're interested in, then house hack an STR.do not start with a random $11K course.

Random question: has anyone cashed out their retirement (or part of it) to invest in real estate?