Thank you for all the replies.
I went and took a look at it. Nice guy. A body shop guy actually.
The body is mostly straight. A messed up rocker from a spill in Moab. It was rusty anyways. Typical rust in the spots under the hood. Not too bad otherwise. Needs new paint. Springs and single shocks all the way around. Motor is an 89' Mustang crate motor, if my memory serves me correctly. I did not get to drive it. He pulled it out and it would not start. He rigged up something and got it to crank and idle but we could not drive it. He thinks it is the fuel pump and is going to get back with me. Seems like a good deal but I do not know the monetary value of all the upgrades and add-ons. Or understand there functionality. A 32 spline and rear floaters? Rear locking hubs? I will keep researching though. And looking for a top. I want it for a daily driver. I cant handle a bikini top through a Colorado winter!