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$45k for a branded-title Elise would need to come with something substancial on the side. A branded title stays with the car forever. The title can't be repaired.Front crash box is cracked driver side top
Clams
Rear subframe looks bent at the rust/corrosion spot
Hardtop
if you have these parts, it’s a simple repair, just time.
paint will be 3-7k at a shop like LTMW.
if you factor it going for ~45k when repaired, work backwards on the above parts and see if your friend will give you a decent enough price on it all.