I've been looking for a 60's or 70's bike to restore, and I've just joined this group b/c I've found a '66 CA77 that I'm thinking about taking the plunge on. I'm hoping I've come to the right place for advice...
This is the bike:
http://raleigh.craigslist.org/mcy/1111904748.html
and here's a pic (there are others with the listing) (hopefully this will work)

The pics make it look pretty horrendous, and the seller has told me it has no title.
Here are my questions, and hopefully someone can give me some guidance:
1. How hard is it to title a bike that doesn't currently have a title? I'm in NC, and the dmv isn't very clear on the process. It appears that I have to post an "indemnity bond"(?). Has anyone here ever done that?
2. How hard are these bikes to work on/restore? I've had 3 bikes in my life (83 Kawasaki GPz 550, 99 Yamaha R6, and a 98 Honda CBR600F3), and i've done "normal" maintenance on them (oil changes, carb cleanings, etc). Part of the appeal of an old bike is that I'm assuming they're relatively simple to work on. Am I wrong on this? Can a relatively handy guy, who uses the phrase "how hard could it be?" more often than his wife would like, have a reasonable chance of pulling this off?
3. How hard are parts to find? Looking over the board, it seems like there have been a lot of restorations, which makes me think that parts can't be that hard to come by.
4. The bike's priced at $1000, and I've told the seller that any offer I make will be substantially less. What's a reasonable price for a beat-up, ugly bike like this?
Also, I have a lead on a CL100. Does anyone here know anything about those?
Anyway, those are my questions. If I should be posting in the "restorations", my apologies, and I'll repost there.
Thanks,
Dave Mackie