What kind of problems can someone encounter before or after surveying such an obviously "out of boundary" building??

So, if property is part of your long-term plan, make sure you buy it before you put your paperwork in.Ok, I know this is super-long, but I think it covers the most common conundrums I've encountered with military investors.  

If you are trying to say, your rental period is from the 1st of the month, but your rent is due by 28th of the prior month, I suspect you are going to have an unpleasant encounter with the Landlord Tenant Board.There are times when it makes sense to set the monthly period on a date other than the first of the month, but logistically it will be far easier for you and your tenants if you stick with the first of the month ... especially if you have plans to increase the number of units in your portfolio.

What were some speed bumps you encountered to become successful?

If the failure rate is 90% and these schools told you that the success rate is as 90% you'd (rightly) call them a scam and say they were using misleading information to get your money.

@Sharie Jackson do you remember any of the difficulties you encountered when using the grant with the 203K?

Trying to think of the scam or angle, but having a tough time coming up with something.If the other agent says that the price is right, then ask your partner to relist the properties with this other agent (they should get something for the work they've done for you) because clearly this guy is either screwing something up intentionally, is a crappy marketer or something like that.

I have never encountered a random eviction.  

., and we usually review 1 or 2 current deals, so you can see the numbers, how I found it, funded it, problems encountered, etc.

I have a few notes with a JV.We encountered a situation where we bought a Note but found that the person we were dealing with didn't have any authority for a buy back, which occurred as a result of changes occurring during the buy process.