It's been a while since I've posted any updates, so here we go. My car was at a friend's garage about an hour away from my home where it underwent some major work:

http://www.bmw2002faq.com/blog/47/entry-116-its-finally-coming-together/

However, I set a deadline to get the car back home by the end of 2014 regardless of it's condition. So, right before Christmas, I towed her home and rolled her into the garage. Technically, the car is running now but there are still some hydraulic and electrical issues to work out before she can go for a proper test drive.

The electrical issues are definitely frustrating and I've decided to let a professional sort them out. In the meantime, I'm focusing on some arts and crafts tasks to keep the momentum going. It's damn nice to have the car back home and to be able to work on it just a few feet away!