68'-72' Novas are the best bang for your buck if you are looking for a street/strip car. Mono-leaf suspension, light weight, big engine bay, and the parts are CHEAP CHEAP CHEAP. I bought my 72' when I was 15 (2001) and built a junk yard 350. In 2005 the car was running low 11s all motor. Did it all on my $5.15/hr minimum wage job too.
Here's a quick video of mine-
http://youtu.be/XYQS4L-uL9E