If you can get it down to $3k it might be worth taking the risk. If it ends up going wrong you can sell the hardtop assuming it's in good condition for $800 to $1,200 and then sell the car as a roller. $4k is too much for a non-S Boxster with unknown isses. BTW - take the hardtop off and see what condition the top is in. A new top even if you do it yourself is going to run you about $600.
I'm sure you know there are plenty of used Boxsters in the Phoenix area and plenty of good Porsche shops that can do a PPI (a must in my opinion) for you. If you need a few names PM me. At about $5k you can find '97 to '99 Boxsters. Even at this price they are going to need help. Good luck.
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03 Carrera
02 Boxster S Guards Red, black interior with matching hardtop
89 Carrera 4
89 944 S2
78 911SC
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