You are right. I left off my supposition that an engine remove/rebuilt/replace runs in the neighborhood of $10k. And yes, the local specimens might be missing a feature or two, but are a 30 minute flight to see.
Don't get me wrong, I'm still on that fence

But I never make a large dollar purchase out of "sounds like a good deal" haste. I'll think about it so much the good deal never comes!!

So tell me this:
Who owns the airplane while it's being ferried? Who carries the insurance?