What Have I Gotten Myself Into?, Newb's First Porsche Options

[TypeRated]

Hello! Newb, Brad here (IMG:style_emoticons/default/bye1.gif)
While searching for a Miata project, a neighbor of my parents called up and offered to sell me his 914 that he had aspirations of restoring, but obviously never got around to. I'm a sucker for neglected classics and couldn't let it continue to rot away. A couple texts of pictures later, and we struck a deal on this crusty 1970 914.
Managed to drag the car home a couple weeks later. It's a little rustier than I had originally thought, but it's complete. Being an Alabama car, how bad could it be? Haha. Haven't really had any free time to get started on it, but here's what I'm working with. I know the FI has been replaced with a carb and I couldn't find any of the ID numbers on the engine case. It did turn over with the starter and the fuel pump came to life, but no spark.
Before I start tearing into this thing, what have I gotten myself into?
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