First post on this forum...

I have been thinking about a M37CDN restoration project for a few weeks now. Everybody I talk to tries to talk me out of it: it is a money pit, you don't know what your getting into, you don't have the time or space to do it... you probably heard it all. I have no experience in vehicle restoration but I am obviously willing to learn the hard way...

The goal is to restore it to an as close as possible original condition with the exception of the paint color, tires and a few other details.
So I figured I would ask you guys some advice.
-What are your personnal experience?
-Is it true that a $2k truck will turn into a $10k project?
-Can you break down the cost of a typical restoration (prepping, painting, engine overhaul, worn out or missing parts) to give me a better idea?
-What should I do myself and what is not worth doing itself?
Thanks for your input