I agree with rex in bama.Guys, thank you so much for all of the comments. I truly appreciate it. Here is where I am at I think. I don't have a personal passion for old Toyota Cruisers, and I"m not particularly handy. My interest has been older Ferraris - even on those I've done some DIY but not a lot - So I am considering just shipping this to a legit Land Cruiser restoration specialist and telling them to go to town. I would enjoy puttering around in a mint 1962 Cruiser, but don't have a lot of interest in the actual process. But then I wonder if I would ever come out financially in a deal like that. Obviously I gave practically nothing for the FJ, so all of my expense would be in a restoration. And I think I would probably tell them to restore it to factory rather than a bunch of later (but cool looking) mods.
Any counsel on this? Any ballpark range of what a fellow would pay for a restoration on something like this, ranging from $X to $Y?
Unless you really want a beautifully restored Land Cruiser, and are willing to be completely upside down cost vs resale wise, I think the smart move is to sell it.
I look at FJ40s on Bring a Trailer auctions with some regularity. Judging by what they sell, for compared to the posted receipts on money spent, paying a shop for professional restoration, or modifications is a great way to lose money, and in many cases, not a little.