Hoping to once again revive this thread...
Just bought a raleigh technium pro tri lite for 100
Lots of paint damage and a little filth, but no apparent rusting.
Shimano 105 brakes, crankset, derailleurs, stem shifters
Shimano SLR Brake Levers

Rígida 700c rims

First bike (aside from occasional citi bike rides and riding as a child) .
Im in NYC and was on a tight budget so this felt like a decent deal despite the aesthetic condotion.
Im mostly excited to casually bike on weekends, perhaps do an occasional short commute .

Did I overspend? What should be my first steps in getting in clean (ish) ?

EDIT: had previously misted Rigida 7000 instead of 700c and SLR shifter instead of brake lever.