I think it has a lot of potential and I've seen others come back from worse. I like it too. 125s are one of my favorite tractors. When I got my 147 the PO had the fuel tank on backwards.
It had fuel flow issues until I got it turned the other way.
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Daniel G.
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(May 1970) 147 w/an IH spring assist, 48" deck, 42" blade, 1969 73, #2 trailer, 10" Brinly plow and (on loan) Dad's #2 tiller.