Welcome Scott. Traps:
1. UNDERBUDGETING! Allow $10k to get the car here, exchange rate, shipping, freight, insurance, wharf fees, inspection fees, customs agent, GST, on and on it goes. Do plenty of research on this site and anywhere else for costs to import.
2. Not getting the car examined carefully and professionally before you buy it, to make sure it is what it is claimed to be - many tales of woe from people who haven't.
3. Not allowing for the cost and time spent to get the car to the stage you want it. Also tales of woe from people who see their dream disappearing. Be realistic.
4. How are you going to hand over the hard earned? Get someone reputable to help or use a reputable escrow service.
IMO they would be the biggest traps. Research many sites in the States and decide what model you want, then there is always more help available here.
Good luck.