You should be able to register a car for title only. So you take the existing title and bill of sale and get the title changed into your name. Ignore the typo at this time.
Then you spend several years and a lot of money rebuilding it.
When it is running, and you can bring it to the DMV and deal with the title typo.
In order to fix the typo now, you would have to have a professional come out to your house to verify the VIN for $$$ and you may still have a huge hassle.
Again - ignore the typo for now. If it was in the serial number (end numbers of the VIN), that would be different.
2012 Mustang Boss 302 #1918, Competition Orange. FGF replacement 2006 Mustang V6 Pony, Vista Blue. Factory ordered. 2019 BMW X3 (Titled to the wife, but I'm always driving it for her. So I'm claiming it) Old projects, gone but not forgotten: 1967 FB 400, original CA car. After 22 years of work, trashed by the guy who was supposed to paint it. I had to sell it. 1980 Turbo Trans Am 1970 Mustang fastback, 351C 4Bbl, auto 1988 Mustang GT, 5 speed 1983 F-150 4x4, built 302 1994 Chevy K2500 HD 4x4, 454 TBI