Newbie Here.Opinions,Comments,and Advice Please!!

[justagoodolboy]

Hello everyone.I've been digging around in this site for a few days now and I really like what I see.I'm thinking about buying a 1972 pickup and would really like your input.
This truck is owned by a friend of a friend (I know him but not real well) and I have only seen it in pictures.I called the owner and he pretty much told me what he knows about the truck.It has less than 1,000 miles on a rebuilt 350 that has been bored .30 over.The tranny and transfer case were rebuilt 2 years ago and it hasn't been driven much since then.The four wheel drive is out but everything works out to the hubs.He bought the truck to fix up for himself but before he got started he bought a 68 c10 short bed and is doing it instead.I can buy the truck for $2000 the way it sits or he can fix the four wheel drive and I would pay him whatever that takes on top of the $2000.So,here's what I need to know.
1.Is he asking to much?
2.What will it take to get the four wheel drive working?Should I let him do it or am I better off doing it myself?
3.As someone who has no experience with body work(I have a buddy who would help me some) is this a good truck for my first one?It doesn't look to bad but what do you think?
4.I'm not looking to restore it back to original,but I'm wondering if I'll run into a lot of money on stuff that doesn't look big.Like patching rust, trim and a tailgate and the interior.I know a lot of that depends on what I want to spend but,not counting paint or wheels, how far will $1000 or $1500 go? (may be a dumb question.)
5.If I decided to sell it am I likely to get my money back out of it?I know there is no cut and dried rule to this but i'm not sure I want to get into something knowing I won't be able to get back out.Because driving it instead of my current work vehicle at the current gas price would cost me $50 a month more.But maybe the joy of driving it offsets the cost

I've always thought it would be cool to fix up an old truck and this might be the 1 so fire away with your thoughts!