I'm hoping you missed a "0" on your yearly funds ....
what you are talking about with a frame off restoration, and farming out some of the stuff, you are looking at 35,000 on up to complete it ...
Post some photos ....
I would take the 1500 and get it running and safe to drive first .... then enjoy it for a couple of years and see where life takes you ... if you rip it apart it will be worth less if 5 years from now your family decides to sell it.
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