After looking at the pics in the gallery, I would agree that the Bronco appears to be in decent shape overall, and the fact that it's driveable is a big plus in your favor. I've seen a few for sale around here along the coast in much worse shape. When I restored my 84 Bronco, as I've done with other trucks, was to break the rig into systems that need work. Body and mechanical can be broken down further, such as interior, exterior, frame, hardtop, etc. I like to get the mechanicals done first, so at least you can drive to the parts store or pick-up stuff at the salvage yard. Brakes, electrical, fuel, etc., and so you don't get stranded on the side of the road. Sounds like the first issue, then, would be the steering play. Try to see if the whole steering box moves while turnign the wheel, and if there's any slack in the steering linkage or column, with both wheels jacked up. As far as the floorpan goes, it appears that is the major rust issue, along with the rocker panels. Check under the Bronco with a mirror and good flashlight for further signs of rust in the frame and under-body crossmembers. Look inside the fenders, as I've seen some bad rust in the corners next to the cab. Mud and dirt tend to collect there and eat through. It makes little sense to put in a new floor if one or more of the crossmembers for support are rusted through. Might take a pic or two of any trouble spots, including the "rust holes" in the frame. JSM84