987.1 Over 100k Miles

I’ve been looking for a 987.1-2 for a while now, with the full intention to do absolutely everything myself. I’m a huge porsche fanatic and have been seen I was a kid. I want to learn how these cars are put together and I want to eventually become an expert. This won’t be my last porsche. I’m 26 and can’t justify (to myself or my fiancée) spending more than $20k on a project/fun car so my options are generally going to be on the high mileage side. There’s a two owner ‘06 987 right up the road from my house with 116k on the odo. Is this a trap? Is getting a clean bill on a PPI enough to know this car isn’t going to grenade?