Dan,
MAKE Sure you have the Operating Limitations AND that the aircraft has had the proper sign off from Phase one to Phase two in the logbooks. Sounds like he paperwork was not a priority with this seller. Also the A/W cert. and logbooks. With out the Ops Limits you may find yourself contacting your local FSDO for a test area and having to fly off the test period hours to be able to sign off Phase two.

Swaid Rahn
A&P-I.A. Indigo Aeronautics, LLC.
EAA Tech Counselor
IF1 Racer "HEATSTROKE"