Coach Bus Rebuilt Title
While working a deal on a 90s Florida coach bus, I brought up the issue of title and was told that it has a rebuilt title. When I asked about it I was told that during a hurricane the top two hatches blew off and everything got wet. The insurance company said that they would total loss it and pay off the note for the seller. To get the rebuilt title and pass the title inspection the seller just had the seats and floors dried out for a few days.
This coach was used commercially on multiple trips per week up until April of this year, when COVID caused them to shutter their business temporarily. They are offloading this coach as they have a new one ordered and will be taking delivery in January, when they expect to reopen. The seller seems to have kept up well with maintenance and a diesel mechanic went through the bus 2 months ago and has a list of things that should be repaired/replaced/rebuilt. The transmission and tires only have 13K miles on them.
I will be getting a good deal on the coach and it meets all of my needs, but the rebuilt title and especially the fact that the inside of the coach was exposed to a bunch of water during a hurricane have me spooked about rust and other issues. I haven't inquired about rust under the flooring yet but my guess is that they never pulled up the floor to look for rust... Should I be running for the hills with this new information? Other than rust under the floor, what should I be nervous of? What should I be careful of when inspecting - soggy floors, etc?