* A work of art that's appraised at $10,000, for example, but that's priced for sale at $5000, is not necessarily a bargain. As stated above, a retail or insurance appraisal can be many times the fair market value of a work of art. Always determine fair market value first, no matter how big a bargain the seller makes you think you're getting.
In general the aircraft must be at least 500 feet away from any person, vessel, vehicle, or structure. In congested areas the aircraft must stay 1000 feet above the highest obstacle within a 2000 foot radius of the aircraft. There are special rules for helicopters that allow them to fly closer than these general limits.
A pilot with a private license may fly any single engine aircraft with no distance, passenger or weather restrictions. Recreational pilot licenses allow the pilot to fly only within 50 miles of his home airport and with no more than one passenger.