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1) What keys points should someone look for when buying FB accounts? From what I understand, it should be at least a year old and have regular activity. What else should I look for? 2) How can I best calculate what the price should be (I've seen about $500 per account)?

If you google "buy facebook ad accounts" you will see a few marketplaces. Since what you need is an account to set up a Facebook Business Manager account, you could use family and friends that aren't planning to ever use their accounts for business. Once you have a Facebook Business Manager...