I’d worry more about its Texas origins - y’all correct me if wrong, but that state does not require reporting flood damage.

Good point, had not considered the necessary investment to make it road worthy; have rescued several ‘barn finds’ in recent years, so I expect this one would need $500 - 1000 added to the cost. 

Looks to be a ‘63 or ‘64 (think headlights moved to the edges in ‘65, inside the cool clamshell covers)

Would have helped if the ‘MPH’ lettering was the same yellow as the numbers around the dial. 

Was having similar thoughts, especially when the picture backdrop looks like a cemetery:

Good presentation, especially the picture in downtown setting; where were all the other cars that day?

I went with NP also; if you are getting ready to sell your truck, why would you go out of your way to get the white walls? And remove the paper floor mats before taking pictures?

Daily driving a vintage vehicle has its risks; got a fresh reminder on my journey home Monday. (Axle shaft sheared)

Agree with this take; you are getting more than a low-mileage car here, it has been maintained as ideally as could be wished, by all appearances. 

Fair - but this one is under warranty; that tips the scale IMHO

Your take aligns with my sentiments; the goofy stickers and headlamps only reduce the value for me. But it is a very low mile and well kept 4x4, this has value north of $10K

Am always puzzled by the choice of photo shoot backdrop. Why would you choose an abandoned warehouse with razor wire fence?
Does this add value somehow? What am I missing?

The axles are interesting; the rear appear to allow axle shaft removal without removing the hub - yet only 5 bolts for the wheel.

Why is this guy in the background clutching his forehead / pulling his hair out?

If we entirely reverse ‘shrinkflation’ .. this is the result we can expect.

That is a pretty bit leap; $2k=non-runner to $12K=reasonable?

Your first take was better; in PNW these are highly sought after - they are excellent in the snow. (FL market is not a valid comparison )

Disagree.

Disagree; much more likely they used MLS gaskets - you would have to go out of your way to choose the paper gaskets. Subaru dealer or reputable mechanic should refuse to install paper.

I live in the PNW and have owned two Foresters (2004 and 2003 models, both white, coincidentally). The ‘04 had the head gasket replaced by dealership, and I replaced them myself on the ‘03.