If you can keep your cost(not sweat equity) to less than 1/2 he price you sell it for, it makes for a nice way of creating an extra cash flow. When I was restoring/selling them, I never spent more than $1500(purchase/fix/restore), and usually made between $1500-3k in profit. Unfortunately about 18 months ago the market for clean 2nd gen 4x4's here in CA kind of went tits-up. The last one I restored I sold for $2500(blue book price). I could have held out for more, but I hadn't had that much interest for the month it was listed. When A guy from Idaho came by and looked at and asked if I would take $2500 cash I didn't hesitate.