Well, my search is still on-going. I looked at what I thought was a promising truck today, cash in hand mind you, and what was listed on Craigslist as a reliable truck with no immediate maintenance needed, turned out to have:
* tires so bald it was obvious the truck was neglected
* both front door handles falling out
* steering wheel had to be held at 3 o'clock to go straight, surprisingly it wanted to go RIGHT
* very strong thump going from D to R and didn't want to go into P
* parking brake was trashed
* instrument cluster lights all screwed up
My buddy said the front-end work might cost $1k, I figured the transmission could go out at any moment and that'd be $2k plus a ruined workday, and I wouldn't have even attempted to register it without first spending $1300 on all six tires. $4800 plus $4300 in near-term repairs to still have plenty of gremlins, no thanks!
Back to searching Craigslist for F350s and 3500s every day.
Oh yeah, the guy obviously saw himself as some kind of wannabe-dealer too. He talked about how many trucks he flipped and blablablah, and this one still had the auction tag on the keys. I find his story about just having drove it to TN and back hauling horses to be difficult to believe given it had no plates and was so screwed up it had no business towing a bicycle rack, let alone a horse trailer!