So too did a recent working paper by the International Monetary Fund and the Mirrlees Review of British taxation by the Institute of Fiscal Studies.

Paying the fee does make me cringe a little, but I have some really great deals, about a 2% gross rental return monthly, and a fair amount of paper equity from the deals I have done so far.  

Also set up some sort of lien against the house to ensure that he cannot sell to anyone else before you.As my father said to me "Good paper makes good friends".

The numbers look good on paper.

Until they get the signed papers from you and the earnest money and the asset manager signs the offer you have nothing.Make sure you are working with a repeatable agent that knows the process and that is your best bet. 

The auction company gives you 2 hours to review the paper work, than they want it returned signed.

Property closed yesterday with all the papers signed.

The possibility of closure or realignment is a unique risk, but one that can be mitigated (not eliminated) by doing your due diligence.You can look at the 2005 BRAC list here:http://www.brac.gov/docs/AppendixCFinalUpdated.pdfI would also read the local paper and whatever other media is available about the base you are interested in investing near.  

the first time they mess up, file the papers the next day!

@Leo GoykhmanI will try to answer question #1 You might try sending a yellow letter to anyone you know that owns property your interested inWritten on yellow paper in red ink it simply states that you are interested in purchasing the property at (address) and if they are thinking of selling supply your contact infoSorry don't have time to answer the others