where do i begin with this abandoned supra?

[produck]

so little intro, I've never swapped an engine or transmissions. I helped a friend replace his supra's blown head gasket (seems its like a necessity on old supras i see it) I've rebuilt chevy engines (a v6 and a v8) and own a rare 84 trans am (5.0) that needs suspension work and has some rust yada yada, I've gotten into drifting in the past couple years after seeing some stuff on a mag dvd and have never really had a car that did me justice for it.
anyway back to the supra

So I've got this abandoned supra thats an 88, 7mge motor by the looks of it on the vin and part numbers and has over 170k on it. The transmission is an automatic and doesnt get out of first and is pretty much shot. Engine runs but obviously has problems and a few missing hoses. Its pretty evident that someone said a few choice words and dumped the car since its been in this parking lot for over a year.

The body is in perfect shape and this car must not have been a chicago car all its life to have almost no rust on it at all. brakes look all right, suspension looks fine and springs seem to have been replaced at some point. Frame looks good as well.

NOW, what to do? I have about a grand for funds at the moment so that would get me either a new engine or part of a transmission swap i believe.

For an engine I would go with the 7mgte and a manual trans by what I've researched so far. I have very little knowledge on this and have no idea how much they would cost or to have them professionally installed in case i screw up.

So thats my situation, any advice?