Looking to purchase 1973 Terry...Newbie questions

I once owned a 1970 Bee Line - I loved it

It had no water damage BUT carpenter ants got in and ate out the whole rear corner - INSIDE the walls. I may have never known had I not heard them in there.

The outside still looked great but the studs were GONE.

Just saying beware of the old timers unless they are purchased as a project.