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If possible I'd make sure the engine turns by hand.
Bypass the fuel system as much as possible. Feed from a can on the roof if you have to, or one of those big primer bulbs you see for boat use, etc. Once it runs from a can like that, keep re-attaching further back into the fuel system, replacing lines and filters as much as possible as you go.
I'd also use no-alcohol fuel - the gaskets, etc. may have a bad reaction to any in the gas since they are right on the edge of when alco fuel really got common.
Once it is running from the tank, brake lines, etc. all probably need replacing as will other belts, hoses, etc. Tires will need definitely need replacing before it is road safe, and so on. And if *poof* it ran magically all of those things would still need to be replaced by a buyer to make it road safe and reliable so they're gonna want 500+ off the $1200 KBB value....
You'll end up upside down compared to just calling the junk yard. List it on c-list for a week as "mechanics special", ask 800 and take 500. Local to me junk place takes cars for $400.
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