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back in 71 that 2800 bucks was a down payment on a house
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Yep, I hear ya, and I'm sure there are plenty more of us here that did something very similar

But in this instance, you're one of the
very few who gets a chance to make amends for past mistakes
Given two build sheets, I'd say you could drop $50K on it and go to bed smiling every night. Has your friend given you a price yet? Am I in the ballpark?