Aircraft which have changed hands frequently tend to have more deferred maintenance or less than optimum repairs/fixes/upgrades. Think about it for a moment, a guy who buys the plane and intends to sell it within a year has a different attitude than the guy who "owns it forever". Yes, there are contrary examples.
Just speaking from planes I've seen, maintenance is deferred until something breaks mandating repair. This often works as it's the next guy or 2 guys later who have to deal with it.
The little stuff adds up like wheel bearings which should be replaced but just re-greased, 30 year old strut or brake fluid.
All hoses.
Proper oil/grease/lubricant on internals like pulleys. Everything too often has is just hosed down with LPS 2 at a lazy annual.
Hangar neighbor bought a plane like this for this purpose and first day he owned it, he went to brake at his home field after touchdown and the rubber hydraulic line from cylinder to peddle ruptured. Guess he had to change it "On condition" like everything else that was deferred. Cleaning up that old black sludgy fluid from under floor was almost as much fun careening off the edge of the runway with suddenly only one side braking!
NOT saying it's a bad plane or categorically saying planes like this are not good opportunities, just probably realize high-owner/short duration planes need a little more consideration.