Bought my 1948 cub three weeks ago for $500. Currently I have the rear end apart working on replacing the seals and brakes. Got the motor freed up and now have compression and spark. Rebuilt the carb and plan to try to get the engine started sometime next week.
Hope to restore it to a reasonable state and show it at the Great Oregon Steamup this July/August in Brooks Oregon. After that I plan to use it to pull a trailer around on my 20 acres. Expect it will lead a pretty easy life on the farm as I have a couple of diesel John Deeres to do the heavy work.
This little guy is my first attempt to restore anything. So forgive any mistakes I amy make or the little pile of parts left over at the end.
Hope to meet some of you all at the Steamup. This year it features IH.