Safety and legality
The most important consideration is safety. If you find a damaged porsche for sale and the vehicle has suffered severe structural (frame) damage then it may never be safe again, even after extensive and costly repair. Be very careful not to buy a wrecked Porsche with frame damage. When you find the one you are interested in, have a certified professional inspect it fully - you would run a great risk by being cheap here! Even better if you can find someone familliar with Porsches.
Another consideration is legality. You should contact your local department of motor vehicles and inquire about the requirements to get a salvage vehicle registered successfully. This is different from state to state and usually requires an inspection of a predefined list of things. You can get this list from your local DMV, go here to find your local branch. Make sure you also run a history report to make sure you're not dealing with a stolen Porsche.
A vehicle is declared a total-loss and the title is declaired salvage if the cost to repair the car is above a certain number generated by the insurance company. This is usually a certain percentage of the new cost of the car. In the case of a damaged or wrecked porsche this can easily be mostly cosmetic due to the high price of parts from the factory and you can source parts elsewhere usually for much less if you know where to look.
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