Jerry, don't pay anymore than what the owner could get if he was going to scrap it out. Does it have a good AC, Furnace, HWH, Refrigerator, Converter? Does the electric lift work? Does it have an awning and is it in good shape? The tires will probably need replacing. How about the bottom half, is the Upholstery in good shape, carpet? Any soft or discolored flooring? Bathroom in decent shape? If everything is in good condition, I would probably give around a $1000.00 for it. Trust me this is not a cheap remodel, especially if you're going to use quality materials and trust me You will be replacing some of the paneling and styrofoam on the sidewalls. Been there Done that. I did a full upper remodel on a 24' Hi-Lo I bought for a Dollar and and I have over $3000.00 in just materials and I didn't replace the roof. I fixed the holes with eternabond tape and then painted the roof with KoolSeal. If your interested in what your getting yourself into you can look on this site for "Demolition Begins" plus watch the 2 You Tube videos I posted of what I started with and what I ended up with. It can be done, it took me most of a summer to complete my remodel, but I have to say it was worth it.
96 24' Hi-Lo Funchaser, (99 Aliner Sofabed Sold 6/9/18)
06 Toyota Tundra SR5 Access Cab 4X4 36,000 miles and counting