I owned an arrow for many years like any plane the maintenance isn’t bad if you stay on it. The gear power pack is rather expensive. I liked the arrow and enjoyed flying it. Now that I’m older I would be looking to a Cherokee #235. The insurance companies don’t like old pilot in Retacs.
People use absent logs as a way to reduce the asking price during negotiations,since the plane has been flying all those hours after the repairs ,I wouldn’t be afraid to purchase if the price is right.