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Talked to the seller, he said he's had offers for $5k so he won't take any less than that. I don't think anyone has come to see it in person and inspected it, so those might be offers over the phone from people that are more optimistic.
Might be worth going to check it out and seeing if I can gather more clues as to whether it is IMS or not. Probably not worth the time though as it is in a different city.
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