Short answer It’s not worth 50K Not signed off? 2000 hours is a little on the high side for a plane not flown regularly Long answer /advice (assuming your Interested in purchasing a Mooney ) Flying a plane out of annual without a ferry permit is a recipe for trouble/ tragedy. ( I’ll withhold my nasty harsh opinions around this) Do you have a mechanic with Mooney knowledge and experience? If not start there and talk with some folks and see if you can find one with a reputation for being competent,capable and reasonable. This is paramount. Don’t assume they all know what they are doing and will do it right the first time and charge you a fair price. I’ve been billed $300.00 for time on the phone tracking down a $80 dollar part. During an engine installation post overhaul my plug leads were placed on the plugs but he forgot to tighten the top four lead nuts - he blamed it on lunch break. Engine was smooth during taxi but ran rough at run up. This was twenty years ago ...I’ll never again have an annual or any work done that I don’t assist with period. Saves money but more importantly peace of mind. Over the last thirty years I’ve seen numerous great deals on aircraft. Usually they were long time owners that kept up on maintenance then sell due age/medical and sell to someone on the same field or in the region. Some lose interest and fly less and less then let the plane sit a few years before finally letting it go. I’ve seen numerous friends buy these planes get them back in to airworthy ( add marvel to oil run up and taxi 1/2 hour then change oil ,fuel drained and refill,new battery,all hose lines,tubes,tires , rocker box gaskets, push rod tube seals,spark plugs ,bleed brake fluid ,air filter, mags iran ,alternator belt, bore scope the cylinders and muffler) have long term positive trouble free ownership experiences fly 400 to 1800 hours ( No the cams did not spall even though most sat in hangers for many years unused and not pickled) Network as much as you can and check the info boards at the FBO’s. There are many owners out there that do not fly much and are on the fence sellers that might decide to sell without the hassles of commercial listings or getting a broker. Do your research and learn as much as you can so your knowledgeable when dealing with your AP/IA here are a few things Metal in screen. Often not checked regularly due to limited access - not to be confused with oil filter Fuel tank leaks Steel tube corrosion Spar cap corrosion Gear preload tension Gear puck condition Condition of hoses I’ve seen more fellas buy a plane in annual and have just a pre buy inspection done experience grief and surprises later than ones that bought a plane that was sitting a few years and negotiated a full annual as a condition of the sale. Good luck. I’ve owned a few planes over the years and my Mooney is by far the most reliable and enjoyable of the bunch. Sent from my iPhone using Tapatalk