1975 360 budget build

Is the “total budget” really $2k?

Parts and any associated labor?

That sounds like a bit of a tall order unless the bottom end is in pretty good condition already, along with the heads.

I’d love to see a cost breakdown of how that $2k will get spent.

Of course, if the engine hasn’t been torn down yet, the cost of the bottom end and heads really won’t be “known”.

If the condition of the bottom end is pretty good, and you can do “all” the labor yourself(meaning, the shortblock components never leave your garage/shop for any outside work)...... that’ll save some bucks.

Most newbie diy-ers don’t have the resources to make a qualified assessment of the true condition of the heads........ so they usually need some amount of outside labor.
gaskets, re-ring kit & timing chain. Probably can count on buying exhaust valves. If you have a ball-hone, plastic-gage, dremel and valve lapper & some compound, hop to it like a bunny and git'er done for 700 bucks including cam/lifters/intake - :)