People who are a lot more capable than I am will come along with better suggestions and electrical issues are not my strong point.
However, I will tell you that there is an onboard OBD on this car and collecting those codes will be a good start. The FAQs have instructions as well as explanations of the codes.
The crank position sensors on the cars are pretty picky. If the wiring is deteriorated a new sensor is in your future.
You bought the car at scrap price and if the body and interior are serviceable I really hope you are able to get it running. The 240's are enjoying a resurgence in value so you can spend some money in getting it running without being under water with it. Good luck.
Randy
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Any twenty minute job is just a broken bolt away from a three day ordeal
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