I have just set up a Freshman FJ2 for a really nice guy, he bought the instrument on line at a cost of about £900. Although not in bad condition, the neck needed some relief taking out of it (probably due to him putting 12 thou flat wound strings on it)
The problem was that this is a new guitar but the gold plating was wearing off the bridge at the bass side. Also it had two frets slightly proud and needed tapping back into place. Finally the jack socket was loose and needed tightening.
Not massive problems, but this was a £900 guitar..