I'm in your area, new(ish) EB owner. I didn't even look in our area and neither should you.
Classic Cars here mean something completely different than they do in places like Arizona. In college I had to fly out for a National Championship in Arizona and couldn't believe the amount of cool old trucks on the road. The ones you see here (east coast) may 'look' cool but they are rolling disasters. There are a handful of folks that are exceedingly careful with their classics, but not everyone has the income to maintain a climate controlled rust free atmosphere for their toys.
Look west, young man.
But in answer to your original question, yes you are nuts. You're spending a years worth of college education on a truck that smells bad, doesn't drive straight, offers questionable reliability, requires diagnosis and know-how that you MUST learn or pay loads for, and creaks more than every door you've ever heard in a horror movie...and that's just when you are getting into it.
So why jump in? Because it's awesome, that's why. Ever walked into a wedding with the hottest girl in the whole place? It's a lot like that.
Except she stinks like gear oil. And she rides rough. ... although that part may be the same.