I've got a 4 Star and it is a really fun tractor to run. Check the low side of Ampli-Torc (hi-lo shift). It is not uncommon to find one that does not work on low side. It will run on high only, or the low side can be fixed, but it's a bonus and added value if Lo side works.
Maintenance and parts needs are no different than any other 50 year old tractor. Depending on where you live, parts are not impossible to find. The 4 Star,445 and Jet Star series all use many common parts. You say it's in good running order so I assume you checked out the 3 point and PTO.
Two very positive points about the tractor are that it's a 4 Star and it's in your price range.
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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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