Negative sibling feedback...take it for what its worth:

Bad idea. The last thing you need at this point is a project car. Sure, buy the shell because it is a good deal, but set it aside and work on it AFTER you get a job. Selling your car and dumping your money into a new project isn't going to help the situation. Use the money from selling the 240 to buy a cheap beater (that $500 truck you were talking about) and pay your monthly expenses (rent, phone, insurance, etc) while you are still unemployed.

Trust me when I say this, you need to save EVERY single cent while you are unemployed. I was there for 5-months. During that time I would have never even thought about undertaking a car project...it soaks up too much money and takes away from valuable job hunting time. Sure, like you, I wanted to buy a project car...but I wouldn't have even touched the car until I was gainfully employed.

The number one priority right now is finding a job. If you want to sign the lease on this home (or any other rental) you need to be employed. I've told you my lease is up in February...that day is rapidly approaching.

Hate to put this in a "public" forum, but you need to get this message. Many of the people in here are also your good friends who can perhaps motivate you. It is our responsibility to help you out, give you support, and offer advice which is in your best interest.

You've made some bad decisions in the past...hell...we all have because no one is perfect. I just don't want to see this possible bad decision screw you over.