If I were you the first step I would take is getting in contact with Fort Rucker's housing office to ensure its even possible.

(West Oakland is usually 2 steps forward, 1 to 2 steps back through each economic cycle.)

The initial purchase price was 320k GBP, which is the U.K. currency for those that aren't familiar.

Welcome to BP, I am glad to see that you are finally taking steps forward and trying to invest.

Not included in the initial costs is our rehab budget, which is a few thousand each for the 2BR units, as they turn.

As investors we like to focus on the cash flow but sometimes we have to take a step back and really assess the uniqueness of a situation. 

Yes, red brick is cool, but just as white pants make your rear look too big, white makes the room seem bigger and initially both brick walls were painted white...... and then between contractors a painter painted the walls the off white that was supposed to be for the rest of the house.

retraining is tough filing a eviction is the first step.

One of my next steps is to run a teaser Craigslist ads to determine how quickly and how much response you get.  

I also like the idea of renting to SFSU students, although I would want them to know each other for compatibility.Thank you both--I'm inspired about this future step!