Stay inexpensive, so if you make a mistake, it's an affordable learning experience. And it's good to practice wrenching on those as well. After a couple $100 bikes you should have paid <$50 for; you'll know it when you stumble across a $700 bike for $300.
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72 Frejus (for sale), Holdsworth Record (for sale), special CNC & Gitane Interclub / 74 Italvega NR (for sale) / c80 French / 82 Raleigh Intl MkII f&f (for sale)/ 83 Trek 620 (for sale)/ 84 Bruce Gordon Chinook (for sale)/ 85 Ron Cooper / 87 Centurion IM MV (for sale) / 03 Casati Dardo / 08 BF IRO / 09 Dogma FPX / 09 Giant TCX0 / 10 Vassago Fisticuff