Thanks everyone for the input. I'm thinking of purchasing it and partnering with my friend who owns a body shop. If it has too much rust, I don't want to buy it. If the frame is damaged badly, I'm out too. I saw what that poor guy got stuck with (the one who bought from BHCC) and it sure was sad. Lots of unknowns on this car, but before I head to Sacramento, I would ask for good pictures of the underside, jack points, spare tire well, rockers and frame rails. I'd also ask for a cold start video, compression and leak downs, video of cold 2nd gear up and down shift. I am interested in this car, but there's definitely some story to it and I don't like story cars. I also don't like buying salvage title cars, but I understand the possibility of it being an old salvage, thus not too badly damaged.
I can't believe the amount that people are selling these cars for. The one that sold on BAT for $31K had some questionable repairs. It had a nice pretty paint job - not perfect, but nice looking. Console missing and some other "odd" things. Plus seller was pushing like a used car salesman. I really do hope that the buyer is happy with his purchase.
Again, thanks to everyone for their input.