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About 20 years ago i purchased a ford escort that was an r title but it was theft recovery. I had to do a few things to make DOT happy and i never had any issues with it minus it being an 80's ford.
I would never, and i repeat, never buy a car with water damage.
My wife was looking at a car in college and the thing looked decent and was a decent price. The day she went to pick it up the lady said"by the way it's an r-title".
We were like wtf? but we had to buy a car that day and that was almost the only option since it was late in the day. It turned out the thing was really beat up over the years but we were able to sell it a couple years later.
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