Agree with clear title Comment before you drop tons of money in it.
What we would do is not the question. Since you have time. You need to decide your budget. Then start pricing out what you know you have to buy. And then make a build plan. It will go along smoother and faster. If you want a full restore go for it. Daily driver with ifs and 350 go for it. Rolling driving stopping pile of parts with miss matched paint. Feel free.
Bonded titles happen and most workout just fine.
But don’t rush to build it in a year drop 50k in it and have a title issue. But you can do the basics to get it going then build out closer to you clear title date all the big money projects. Worse thing is you have a pile of purchased parts to use on the next one. Best outcome is you have the truck of your dreams.
