Get a compression test, leakdown test and an oil analysis. If the motor is still healthy, boost away. Doing forced induction right will eat up pretty much all of that budget. Doing it halfass will cost all of your budget and then more for a new motor.
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2011 MB Touring-Sport-6sp-Nav/GTM TT/FI TT TDX/JTran/Kosmic/Eibach/Hotchkis/SPC/CSF/RPS/SoThatsWhereAllMyMoneyWent
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