Have an opportunity to buy a 1974 Roadrunner but engine has issues and there is a hole in frame. $2500 fair price?

I’d buy it, get it running good (maybe go with a 360or 408) and drive the piss out of it until it falls apart. May or may not be too far gone for a full restoration to be fiscally wise because it’s not a sought after engine combo, but would be easy to make into a safe driver to have fun with. Hard to find a viable complete car these days for $2500….