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Have been upgrading the 'shop' slowly with a blasting cabinet and shop press.
Made the decision to go frame off as well. Mainly still gathering parts (bought my heads for example) and am in the process of cleaning, blasting and painting all reusable suspension and drive line components. I will also go EFI for this build and leaning heavily towards the Edelbrock ProFlo.
My 10 year old has gotten bit by the gear head bug and made this project so much more rewarding!
Sorry about your Dad.
IF the engine is in decent shape/running.....repair all the other "stuff" and drive it for a while after making the brakes/suspensiondrivetrain safe