Don't walk away from that one ... RUN! As per DE.50, it's a time bomb waiting to go off. It would be bad enough on an old, pre-electronics car, but with all the finicky computers on the Z, you can bet that there will be problems down the road.
If you do decide to buy it, make sure you drain and replace engine/trans/diff fluids before starting/driving. I'd also suggest periodically (~6 month intervals) removing all interior panels and checking for mold.
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