The best money may be getting hired out to work on other people's stuff. The bad thing about a restoration of a common tractor is that you quickly spend more on parts than the tractor will sell for if it needs much work.
When dealing in old cars or tractors the bigger money is in rare items that are worth a premium when done. You can spend nearly the same time and money doing a 1 of 100 or a 1 of 30,000. The initial cost of the project will reflect the rarity, but the payback will be greater.
This all depends on your ability to find cheap projects to start with and the ways to have your own junkyard or parts supply. The auto rebuilders I know do well but they have well-heeled car owners paying them to work on the car. I know the projects that they have built to try to make money on ended up selling for a loss while taking up shop hours that could have been billed out!
It is a special person that has the mechanical talents so keep working on them. You can make money if you watch every penny spent.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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