What to do...dirt cheap 87, no money

Guys - I know some of you can commiserate with me.

A guy I work with (who knows I drive a tbird)informed me his nephew has "some older Tbird" that suffered some fire damage under the hood. Probably be getting rid of soon - very cheap.

Me: 6 cyl, V8?
Him: uhh, no, one of those little 4 cyls.
Me: Turbo?
Him: Yep
Me: Std
Him: Uh huh
Me: Really? what year.
Him: ummm 87 I think.
Me: How's the body
Him: Very nice
Me: ?!?!?!

Come to find out he paid $400 for it in rough running condition. Got it running better, put 4 brand new good years on it, and then had the fire.

I checked it out today. The body is so immaculate (black with red pinstripe) I barely bothered to look at it. Headlights are falling apart. Has both fogs. Lenses are intact but some obvious cracks.
Red leather in poor to fair condition. Some interior pieces missing, but fair overall.

The fire was at the fuel rail.
Looks to me like:
Injectors
Injector Harness
Misc hoses
Throttle body - maybe
Throttle cable
CC cable
Ig wires

I know the kid is pretty depressed about the whole deal and would probably let it go for next to nothing.

Bad news is -- Money's tight - uncle sam wants me do dig pretty deep this year, but...

What do you think? Would it be worth the hassle to do the swap if the price is too good to to be true?

Any components in that area that could be damaged/pricey that might not have been immediately appearent?
I didn't even check the mileage - after the thought of having a body that straight started dancing around in my head I turned into a 16 year old. Plus, having 274k on mine -- this one couldn't possibly have THAT much.

Go for it! The engine harness unplugs at the firewall, so easy

it's one giant harness then?

What about throttle and cruise cables? I've only popped them off the TB. Never had to go beyond that.
They're both torched right at the TB linkage.

Disconnect from the pedal and use your old ones. Really, really easy to recover TC's from engine fire, I know from experience

well - I'm also waiting on an answer from an interview I had on tuesday. I know I'm one of two they're trying to decide between.

If I get it it's a 40% raise, and I think a nice black bird would be a great way to celebrate.

Another coworker checked it out as well and has a lot more experience with this type of deal, and is closer to the situation.

He just stopped by my office and beleives he could get the guy to bite at $200, including the $300 goodyears.
And it sounds like I already have the spare trans and turbo sold.

Man - if all this falls into place my world will be GOLDEN.

Dude, I'll throw in a TB if you need one. I might??
have an injector harness or at least some pieces of one

well - if I get the job I'm definitely going to see what I can work out.

If not -- I don't think I could live with the guilt trip my wife would lay on me.

I got the JOB!!
If you drive through KS and a bridge collapses on you - don't blame the new bridge inspector

Now I gotta see if I can work out a deal for a new black bird!

Awesome, congrats on the new job.

go for it!