Here's the 411. I could potentially pick up a 1999 R1 for $3K that needs about $500 in parts and some paint put on it. I've got a few painter buddies and one of them knows an airbrusher so I could make it pretty nice. BUT... I don't really want a liter bike. I want an R6. There's a 2000 R6 locally for $4500ish that I wouldn't have to do a damn thing to in order to go ride (that I know of, haven't seen it yet). Do you think it's worth my time to grab the R1 and try to flip it to make a few bucks and buy a newer than 99 R6 or should I just pony up and pay the $1k difference for the convenience of not having to do a whole lot of work to get my money back out of it?
Here's a pic of the R1
and from what I can tell it needs:
Inner fairing piece (right side)
New seat covers made up
rad overflow tank
Now since it'd be a flip I wouldn't go brand new on the tires, I'd get a set something like this