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Backhoe
I bought a 1985 Case 480D about 6 years ago for $6k with the same idea - use it for a few projects, then sell it.
I still have it - if you own much property, and the thing is reliable, you will find projects that tend to make you want to hold onto it. The rentals are toys compared to a decent sized machine.
Mine has only needed a new hydraulic line and one of the cylinders needed repacking - easy stuff. Starts like a champ and runs like a champ.
My brother buys and sells machinery - he says I could sell it for ~ $8k and replace it with a similar priced skid loader. While the skid loader would be much more handy now - I just can't bring myself to sell such a reliable machine.
Backhoe just can't be beat for clearing property - not so good for detailed work and good for chewing up an existing lawn.
Look for something with a solid running engine (preferably diesel) and a solid hydraulic pump. Reasonably good tires are a plus (rears are pricy). Leaks are standard but fortunately most of the big leaks like my hydraulic cylinder and the line that broke are easy and cheap (~$25 for me to repack, ~ $40 for the line) to fix. Backhoe bucket should be in workable condition (check if it's been re-welded / torn up) - replacements are pricy as well.
If you want to see how good the cylinders are - park it for an hour or so with the attachments held up; if they sag that fast the cylinders are pretty worn.
Also helps if you can buy relatively local - driving to pick up or shipping can add up, plus you can find yourself driving all over the place checking out junk...
Good luck.
Gordo
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Don "Gordo" Gordon
'83 911SC Targa
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