The KE-25 Swamp Monster

[azbro]

Picked this old girl up this weekend.
Its a rusty old KE25 corolla for those who cant tell,
from what I can gather its an old parts car for someones rally car and had been sitting outside for many years, although it has come through a few pairs of hands since then before coming into my possession.
I picked it up for $250 with no motor, box or tailshaft.

Although rusty it doesn't seem to be beyond revival and looks to have a few years left in it yet.
I wont be starting on it yet though as im currently still working on my AE86 project.

Would love to hear peoples suggestions on what I should do with it!!
Currently I've got an idea of leaving it body wise, stripping the wrecked interior, dropping in a 2tg and better suspension, and adding some bare metal bolt on flares that should rust to match the car and a set of wide 14" wheels? kind of oldschool rusty race car spec I guess.