There's a lot of rust, the frame has rust between the laminations. The passenger door has rust on the bottom edge. Passenger cab corner is starting .
All new brakes and lines, master cylinder and booster too. Even if you do it yourself will be nearly $700 for new parts. Shocks another $100.
I'm sure there is plenty of other issues too. $750 max.
I bought my 92 4.0 stick 2wd for $500. It has hardly any rust and only body damage is limited to the bed. The only thing that it needed when I bought it was a clutch pedal and wheels and tires to get it on the road. I've done many upgrades to it since I bought it but not from need, just by choice.