Mike will be a great resource to help you in your evaluation.
My experience with modified or converted vehicles has taught me to proceed cautiously. The greatest concern is trying to get enough details so you can service and support the modified or converted parts.
For example in your case, are the 4WD conversion parts all from one donor truck chassis? Or is a collection of parts such as the case transfer from one truck and a front axle from another? Are those a combination that was even available from the factory? Are the drive shafts stock or custom parts?
A major point is trying to understand any electrical system modifications that were made to accommodate the conversion.
I am not saying you should avoid a modified or converted vehicle. Just approach it with an awareness of potential future implications.