about 15 years ago, when i was in your same boat, looking for a quality instrument for few bucks, i went to my local guitar repair shop and found a 78 strat in pieces in a box. the guy let me have it, as is, for $200. i then put a seymour duncan stacked humbucker on it, and a new paint job. a couple of years later, i put a custom warmouth neck on it, and it is the finest guitar i have ever put my hands on (the mediocre paint job, fortunely, does not detract from the sound or playability).