...if you have "plenty of spare time", take that time and get another job....put all the money earned from the second job in a fund for a MOPAR....at the end of a year, you can buy a far nicer MOPAR and it would be much easier working somewhere(even flipping burgers) than working on a burned out hulk...never start a project of that size with limited funds and limited knowledge...you will get bogged down, lose interest and lose your entire investment