Sorry, duplicate, trying to figure out how to delete

 

welcome to the site man, and yes 300 is not a bad deal for a project car. I would do a compression check the first thing to find out exactly what is going on with the engine go to www.rotaryresurrection.com/ to find out how to do a poor mans compression check and also a compression check with a piston compression checker if you don't know how already. After you have done this, note I say after because this maybe causing your problem and if you don't check and change all the vac lines on your car etc... just to find out it has bad compression then all that work was done for nothing, check for vac leaks everywhere because these engines espcially the engines that have all the emmisions stuff have a crap load of vac lines. Spray some carb cleaner around to find any leaks. Of course do your normal tune up on it like new spark plugs, wires, oil, filters etc... How long has the car been sitting? Before I even tried to turn it on or anything I would at least change sparkplugs, oil and, oil filter. Also remember when you take a compression test make sure the engine is warmed up because these engines lose a bit of compression when they get warm, so it will be more accurate if you let the engine warm up first. Good luck!