[Zeke]

I'd look and see what else is not original. You say you don't know much about the cars. You might want to find someone who does to go over it. 356 motors have become very pricey. A friend of mine has a 912 short block that would go well in a car like this, but that's not much of a start. I mention that because I don't think he'd sell it for a grand. Probably cost more.

So flipping the car might bring some profit or it might be a gamble. For the hassle factor involved, I would walk. Sounds like some speculation is already in progress.