Only my opinion -
1. Is the engine all there to tell if it rotates and has compression and spark?
2. Getting cylinders replated can be $200 each, plus rings and possibly pistons.
3. Does it have a title?
If 1) is yes and both conditions seem good
2) hopefully not needed
3) yes
Probably not a bad starting price to make a fun bike, but don't plan on doing it for selling at a profit. These are labors of love!
My GTR restoration is starting to look more like a bucket list item to me.
Seeing the drivers around Phoenix and the number of large shredded tire chunks on the highways here isn't pushing it up the list any.