Second vehicle?

Hello everyone I am interested in purchasing a second vehicle. I have an interest in working or cars and this bronco caught my attention. Now I am not car savvy at all, this would be a new experience for me. I would like to know if this bronco will be a good starting place to begin a possible hobby.

So I would like to know what you guys think of this one.
Any help would be appreciated, don't hold back.
And I know its a ford so fire away, I have thick skin.

Thanks for the help
-Silva

http://martinsburg.craigslist.org/cto/3012997478.html

 

My dad used to have an old Bronco, same engine as that one. The 302 was a strong engine but it was a gas hog! In my opinion, Broncos are a great platform to start with if you're going to mod the hell out of it

 

Yeah I had a feeling that car would be a gas guzzler. And yes I would eventually mod it quite a bit, but I would start with the little stuff. But first I would have to define what the little stuff is.

From the other broncos I have seen it was common to see rust above the wheel wells. And i raised and eyebrow too when it said minor body work. Thank you for the insight on the rust I will add it to the list when and if I see it in person.