I would like to thank everyone again for the comments. It looks like this isn't the way I am prepared to go. I previously had an interest in BMW air cooled motorcyles. The advise I was given was to spend more up front on one in the best condition needing the least amount of work. You may be ahead in the long run. Maybe the same holds true for vintage guitars and honestly I don't know enough (yet) to start down this path. I ended up with an excellent deal on a Walker Wise River - close to the vintage Gibson sound in a newer build. I think for now that will suffice.
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