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I purchased my 1964 MGB in Tennessee We needed a second car and I wanted a convertible. I found it used (12,000 miles in January 1966) It was nearly new. I talked with the first owner. He was tired of a small car and traded it in on a Buick.
I drove it every day to work for 13 years and it rusted out and would not pass inspection in Pennsylvania when I moved here. I parked it in my garage for 17 years just looking at it and determining that I would restore her when I got the money. I retired and started working so had more disposable income. I am handy with tools and have an electrical engineering degree. I took the engine out and completely dissembled it bought new engine parts Had a machine shop put hardened valve seats in.
etc.Rebuilt all the rest of the mechanical parts myself.' Found a great ,and expensive , auto body shop reassembled the car and now Drive it all summer and put it in shows. it attracts attention and I love it.

You do some research to see if parts are available--are they ones you
can get at any dealer or do you have to find a company that reconditions
old ones or makes new ones using old molds, or do they have to come
from overseas, etc. You need to have room to store and work on the car
and have the tools--metric, English, US all have different sizes. Get a
copy of the owners manual, too but don't expect it to tell you
everything you need to know. Join a car club for your car, hopefully
local. But you find a car you love and just start working on it. You do
a little bit at a time. Just be sure to have some place to keep it
while you do. It's great to get one running no matter how rough it
looks and don't think you have to have loads of time and money to get
involved.