My first plane was a Pacer I look at several different ones before my IA approved the pacer. It was going to be my trainer because I had not taken any lessons before I bought it. We actually found it when we where looking at another plane, the owner new my IA and said he had it for sale. My second plane is a PA 18 I had the cash in hand and looked for about 11/2 years before I found the one I have now. The one thing I would stress is do not fall in love with anything until you IA approves it.

I have seen several great deals turn into 30,000 dollars extra just to get it flying right. High time motors are not a problem if the price is right just factor in the cost of the rebuild in the final price. I would also stay away from 0 time rebuilds unless you know who it was rebuilt and who did it. Once again I have seen several that have been rebuilt using parts that are serviceable but fail within a few hundred hours. There are good deals out there you just have to wait for them. The last thing to look at is the paint. Lots of pretty plane out there that major work, both metal and fabric types. No matter what you buy it seems there is always something that will pop up so have a few grand set aside to fix the small stuff.
DENNY