Originally Posted by
tpadul
Not really, the thing is I want to actually learn how to rebuild and rehab a bike from the ground up so if it needs lots of new parts I want to learn everything. So even if I just start out with the frame and go from there I’m ok with that.
From what I see in your photos (nice job btw), you won't need to buy anything other than tires, tubes, rim tape (maybe), cables and possibly brake pads.
The best way to learn is to simply start disaassembling it,
remove everything down to the tiniest ball bearings and remove all of the old grease and grime with soap and water. Use a solvent such as kerosene or mineral spirits for the freewheel. The crank and bottom bracket will need to be removed with some specialzed tools, but they are not expensive. The hubs will require some thin metric wrenches.
Here's a link to some threads documenting my 1970's 10 speed overhaul.
https://www.bikeforums.net/classic-v...-rehabbed.html