Chris...... welcome to the site. You’ll get plenty of useful advice here!
Assuming this is your first bike in a while? My advice is always the same. Buy the most/best motorcycle you can afford. Unless you are a serious tech, or been doing projects like this all your life, a $300 (no title) project will likely end in disappointment. Instead, buy a runner. Keep it running, tune, improve, polish and ride it. Get comfortable with the maintenance and basic workings. After that, drag home a derelict.
By the way, not the way I started, but still good advice!