A few months ago I bought a 1977 CJ5that my boss had just sitting on his property. I paid him $1000 for it, loaded it on my buddy's trailer and brought it home. She was rough, and didn't run; Hell, some major parts were missing. But I bought it for a project and I was not disappointed. I dished out an extra $450 for a spare trans and transfer case that both need a rebuild... I still think I got a deal. The first project I tackled was the lighting and electrical system. Only the headlights worked, most of the other light fixtures were gone. I syphoned the bad gas/water out of the tank, but I still had a problem with the carb, But my major issue was the parking braks system. I completely replaced what was left of the cables, got new rear brakes, drums, and the parking brake parts inside the drums; not to mention the pedal assembly. When I finally got the brakes and wheels back on the rig today, I noticed that the brake hose in the rear has been cut, and there is no longer anything connecting the rear brakes to the system. I guess the guy that my boss bought this one from thought that rear brakes weren't really needed.
Carb and seatbelts are coming this week, but I'm leaving town for business soon, so I have to wait until I come back to find out where the rear brake line is clogged. I will post updates and photos when I get a chance.