Welcome to the club! I hope the old truck works out for you, and that you don't have too much crap to go through to get it working well.
On a side note:
I wish I'd read Jeannie's list before I purchased a couple of years ago!
Cab Corner Rust --
cab corners MISSING, someone cut them up with snips or something which made jagged lines, not a cutoff wheel
Broken Light Bezels --
faded, beat up, but not damaged significantly
Body Filler (Knock on panels to locate) --
definitely...both front fenders, just behind the wheel well
Heavy Oil Leaks --
fortunately not present
Knocking Engine --
also not present!
Chopped or rerouted wiring --
check...
Chopped Radio Holes in Dash --
check...
Wobbles in Steering --
actually, only slightly...pretty good for a 50 year old truck
3/8 ... not too bad? Eh, I can bend, weld, fit, sand; that's all fixable for me

This metal is old, but it is durable and strong. With the right care, it can last another 50.