"Denny" wrote in message
oups.com...
ummm, Jim, you will need more than $30K liquid if you intend to fly it,
because one engine is run out and likely will not go much further...
Low compression isn't the only thing that brings you to overhaul
time...
The airframe also needs a static check ... Lots of INOP equipment
which costs heavy bucks to repair or replace...
Notice that the props are low time SOH... It looks like he started
bringing it up to snuff and discovered his pocket book wasn't deep
enough... Then he tried to recover the cost of the airframe plus his
investment in the props and found he couldn't sell it at that price
level...
Possibly, he now has hangar fees building up, knows he can't afford
another annual, and just wants out... There is no mention of the AD
status, or the condition of the fuel bladders... You need to wonder
about the Powerpak seals if it has been sitting for a couple of years -
which is not the end of the world if it needs new seals, roughly $500
for parts and labor... The condition of the mufflers is unknown... The
heater is prominently not mentioned - I solved my heater problems by
spending $3800 for a brand new C&D with no AD's...

Having said this, it could be a fine airplane for the owner who is
willing to get dirty and hold down the labor cost of getting it
airworthy... But you need to go into it with your eyes wide open... It
will be a bargain only in the sense that you will have a fine, cross
country, airplane after you invest sweat and money...

denny



I am able to get down and dirty and do most all my work under supervision on
my A&P IA