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I'd like to find a few, too. Between Houston and New Orleans. But as you point out, they want real money for big projects. Saw one on Craigslist awhile back. Both glasses missing, playfield looked like it was covered in mud, cabinet delaminating, and wanted hundreds of dollars. Go figure.
Quoted from HFK:Sounds more like you are dealing with every Harry Dick named Tom. There are some great deals on EMs down here, fully working games in really nice shape $500 and under. Unless it is a rare game an EM project is $100 - $200 if you can even find a buyer.
To me, unless it is collectible, $100 is about my limit. Here's why:
A friend asked me to work on her Bally Bow and Arrow. I have a Gottlieb Jungle. Both have sold (not Listed, sold...click on "completed listings") on ebay for $350 to $400. If I put $100 in a machine, another $50 to $100 in parts (assuming nothing major is damaged/missing), 15 to 20 hours work, do EXTENSIVE testing 
, and I walk away with $400, I'm ok with that.
I'm not in it to make a living (tho I wish I was), but I don't want to lose money on the deal either.
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Westlake, LA