7" of lift with a custom 3 link in the front and a custom triangulated 4 link in the rear. For shock some coil overs with a muliple bypass is nice. A HP D60 in the front and a High 9 in the rear with 5.38 gears. Get a 3 speed atlas transfer case so it is geared for any need. Some 38-39" tires like Irocs work well. Plate the frame, put in a roll cage, mount a winch, get good bumpers and have some fun.
I'm sure I missed some details but this is a good start.