My first Porsche was a 924 I bought as a basket case & reassembled so I could learn mechanical fuel injection. Good handling little car but no power. It got used mostly to teach young guys who worked for me how to drive a manual. I kept it outside and ignored it most of the time while thinking I might do a SBC swap into it eventually. It deteriorated over time from the New England weather and I sold it for $100.00 to a guy who wanted it for a lemons racer.
The 944 is really the better way to go if you're going to do a V8 swap & make a track car. Saw several SBC swapped 944's at track days when I moved down to FL full time.