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New to V-Rods. Need advice.

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Just bought my first vrod. It's a bit of a project bike. Maybe more then I want to take on. It's an 03 anniversary edition. The good: Everything chrome and aftermarket. Tons of money dumped into it.
The bad: it has a Richards custom cycles turbo kit with what was a crazy motor. I say "was" because The previous guy blew it up.

I now need advice on what I should do with this bike. I bought it in hopes that the motor was ok but it's def not. Do I rebuild the engine, keep turbo, pull turbo off or just cut my loses and sell it before I start sinking crazy money into it ?

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