i've also followed the same dream a few times in my younger, more energetic days... the truth is you will undoubtedly spend far more trying to save a rotted out chassis than it's going to be worth - and it won't look or perform as well as one that started in better shape. no matter what you think of the chassis now, you will certainly find more and more rot the more you dig into it. the edges of the cancer will have crept far under the paint/undercoat, and the interior cavities of the rails and rockers will be very difficult to clean and seal well. nothing worse than doing all that work only to have your newly restored/repainted body start to bubble up in 2 years with rust that came back from the inside. it happens more often than you think... not trying to be a naysayer - quite the opposite. i'm rooting for you to build an awesome z-car, and looking forward to the build thread. there are just smarter ways to do it that will get you there much quicker and yield a better car in the end. if you buy a solid chassis for $2,500 you'll be miles ahead and will still have plenty of "project" left to do and learn from (trust me, you can start with a $6,500 car and still have PLENTY of project left...) that said, my 2 cents would be that you have a great opportunity to learn how to weld and do some bodywork without worrying about the results - use the rust bucket as an experimentation/learning cadaver. cut, weld, grind, salvage any bits you can, to help you learn and restore another car, then let go of it. these cars are out there, and you will find one that you can spend your time/$$ more productively - which means getting your project on the road sooner and enjoying the process with less heartache.