Buying a fazer1000....help!!

[Jimmy2wheels]

[color=rgb(24, 36, 48)]Hi guys. I'm new here. [/color][color=rgb(24, 36, 48)]I'm looking at buying a yamaha fazer 1000. 2003 model but it's got 50k on the clock. There's no history with it and the fairing is missing because it's turned into a streetfighter. Used to be a police bike. I've done HPI check. 2 previous owners. Owner says it rides like half the mileage and he bought it from an auction and it didn't have the service history. It's been resprayed and the logbook needs updating to the new colour. I need some guidelines on what to check when I go look at this bike. I really want a fazer and turn it into a streetfight so it's the perfect bike but I dont wAnt my head ruling my heart. What things should I look for On the bike? It's just had a service and a mot. It's cheap. £1400 so I've got a a few hundred to play with putting things right.[/color][color=rgb(72, 72, 72)]____________________
Jimmy[/color][color=rgb(24, 36, 48)][/color]