Steven, I can't believe nobody has mentioned a pre-buy inspection in this thread! If you're serious about an airplane, convince the owner to allow your inspector (whom you know and trust, right?) to do a pre-buy annual inspection. 200-300 bucks for a look-see? Money well spent if it saves you from buying junk! If he balks, he might know something he's not telling you.

For the money though, the Aerobat sounds better, even with bad paint. You can fly bad paint! You can't fly a bad airframe!

Carl