I went and saw this one for my first FJ; this is what I saw.
Body:
Bondo, every corner they didn't even sand it, you could see little holes in the Bondo.
They used what looked like spray paint everywhere; there was runoff, and some places were not covered at all.
Most glasses are in ok shape, but the seals are rotten. The windshield had 3 large rock chips.
Front doors didn't even have seals.
You could see rust on all the hinges.
The bolts were painted too.
The chassis looked ok didn't see any significant rust.
The engine sounded healthy after it warmed up.
The transmission was sound and went through all gears with no problem. No major leak underneath. No grinding noises.
The carburetor needs to be cleaned and runs very rough when cold, and the choke needs to be adjusted.
As you guys said, the power steering is in the wired position, but it works, although it was leaking somewhere on top could find where.
It has an air compressor mounted on the top right side of the engine that feeds to the holding tank on the back, which is badly welded to the original bumper

. All the hoses are in bad shape.
All lights and electronics works for now, but the wires are loose and used cheap connectors and exposed.
The suspension is terrible, and each corner has a different color shock. It needs some serious help. It was a scary ride when it got to 50+ MPH. Possibly needs new steering damper too.
The front axle was leaking from both sides.
Everything is there to be worked on and fix. but the owner is now asking 22500, which I think is too much for all that work that needs to be done.
What are your thoughts?