I always prefer to do my own mods, upgrades and maintenance, but there is a market for "built" vehicles.
It all comes down to:
1. Do you like what the PO did, does it align with your use-goals?
2. Do you trust their word/records?
3. Does the price being asked represent value to you?
No matter what 20+ year old vehicle you buy, always plan on doing a share of maintenance and updates for piece of mind.
I'll always check and/or replace fluids, brakes and plan on LBJs, radiator, timing belt, tires, etc. I budget $2-3K for that on top of the purchase price to freshen up the rig; not including any mods.
At the very least, if you are not in love with the rig and what the PO did, you may want to think twice - especially at a premium price.
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