Hey everyone! New guy here and I have been casually browsing for Mooney's over the last few months. I have narrowed my search down to a M20J. It fits my mission perfectly.
I went and looked at an M20J today and, on paper, it looks great. Low AF time, 2189, and a TSMOH of 98 hours on the IO-360. Sounds great. Until I get the log books and notice that the engine and props were overhauled in 2000. I dig through the log books and they look good. The compressions on the last annual were 76, 74, 76, 72. That was 8/14/19 and it appears that the engine has only been run up for a total of 1.3 hours since then.
Am I wasting my time? No oil analysis have been done. It was suggested by the sellers broker that I could have the cylinders borescoped, but I don't feel like it makes any sense for anyone other than the owner to sink some money into the airplane. With a TBO of 2000 and 12 years on the engine, tell me I should run. And if I shouldn't, why?