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A lot going on in your post, and that car. Or those parts of cars.
A longhood 912 bastard turned into some sort of racecar with a mashup of parts motor in pieces is not worth anywhere near $16k. Especially if you're trying to build a streetable car. And a flat sheetmetal floor does not equal "sorted chassis"
Sorry to be so harsh, but it sounds like you're considering doing this for a living, or trying your hand at it, and a $16k parts bin missing a ton of parts you'll need with unknown usability on major parts you have is no place to start. As a labor of love and a keeper (read: something you build for yourself and you're underwater on for the next 10 years), maybe. Maybe. Even then, not a smart place to start.
For what you want to do, I'd look at a 74-77 or an SC which runs and drives in need of cosmetic help and backdate. And read tons of build threads while you're looking. Learn the pitfalls, figure out exactly what you want to build before you buy anything.
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