IT's gonna be far froma everyday driver for what you are trying to do. I'm just trying to save you a huge headache. SFIs have already been int he old TRs. A carb turbo setup is very reliable. But if you insist on doing this I will help you if you have any questions. I'll assume you have the dash harness and ecm. You need a different heater core. I hope you got all the relays and BS that goes under the hood also. Don't be surprised if the maf isn't any good. If that ends up being the case you will have to track down a used one because no one makes mafs that are wortha crap. If you want it to be reliable you will have to get an 87 ecm, a new chip, an lt1 maf, and a translator to run it. Beings you will have that stuff (cuz you said you want it reliable and good on gas) you will have to rig up some sort of CAI for it, which you should be able to steal off your current setup. I'll assume you also have all the accessory brackets and that stuff. You need to upgrade to at least a 100 amp altenator, a 120 would be about right though. Gonna need the fuse block and harness under the dash. The wiring that goes to the back of the tank, the gas tank or at least the hanger adn pump, run a Fuel FEED line, gonna need an OD trans and d5 converter, a custom crossmember (can't use the stock 83-87 on because the mounting pad on the frame is different).
I'm sure I'm missing a few things here and there, just going from the top of my head. You will have to pull the driver's fender off to bolt in the fuse block. THe dash will take about 2-3 hours to pull if you know what you are doing. Any questions that I don't have answered let me know.