When I worked at a recording studio in the 1980s-1990s we had Technics 1520s in the studios as our semi-pro machines. We had pro machines for all our recording (MCI and Otari, being more affordable than Studer or Ampex). My biggest concern for you would be parts availability. Parts that wear out are the pinch roller, roller guides, and reel clamps. If I recall correctly, those Technics are 3 motor direct drive, so fewer problems with belts and gears inside. Eventually the heads wear enough to require resurfacing.
The biggest issue is tape formulations that turned to goo over time, like the way some plastics get sticky. High output tapes in the ’90s were the worst for this. R-R tape can be fabulous, but expensive. Everything about tapes is crazy expensive due to the very limited market. Tape decks are astronomically priced, I believe ATR Magnetics (might be made by RTM) and EMTEC are the only tape manufacturers left.
You need to know the head format of your machine when buying pre-recorded tapes. Does it have 2-track and 1/4 track heads? Ours had both playback heads but recorded only 1/4 track (that’s why we had them.)
Professionals always store their tapes "tails out" meaning you need to rewind before play, to avoid the pre-echo problems of print through.

