Is that an indication to run - not walk, away from such a bike?
I'm seeing a reasonable investment on Thieveslist, I mean Craigslist, and the only thing that bothers me is 1) the price is WAY low 2) the title is "Parts Only".
I have no intention of anything short of a full rebuild regardless of the bike's condition - so it being a POS doesn't bother me anyway. But I don't want to find out that the title status is permanent and essentially guarentees I'll never sell the bike no matter how well it gets restored.