I watched a '36 PU at a local farm sale, auction off at $3400 and it was about the same condition as this one.
If you like the truck and have dreams for it, I'd say go for it!
At the very least maybe 4-5 years down the road you will stumble upon one that is a turn-key driver or better, and I would say to that buy that one too!!
As I recall reading, in the spring of '36, Ford, to boost truck sales, came out with some varied colors like this yellow one. This old girl probably has a story to tell!
Thanks for wanting to resurrect another '36PU! We have one and I love it it is a lot of fun to drive! You can't beat a '35 or '36 Ford PU they are beauties!