I've been in the small airplane business a long time. Now I am thinking of building my first experimental airplane. Trouble is, I'm thinking of starting with a junked out Cessna 150. No records, no data plate. I've been thru FAR 21.191(g), AC20-27G section 8(d)(1)(2), and FAA Order 8130.2J chptr 15-2(f). This process seems to be discouraged. I would be making a mini Cessna L-19. Major fuselage, cowl, landing gear, and tail redesign.
What would be the odds of getting this accepted by the FAA ?