I bought my E30 318i five yrs back,FIRST thing I did was get rid
of the thermostat. The housing is touchy as can be about leaking,
so its just a matter of clean surfaces.
I replaced it with the OEM one which is available from several good
online parts houses.
I used the Permatex brown/black snot they use in FAA shops.
Its disgusting,stinks,sticks to your skin for days,and works without
fail.
Its available in those little fat bottles with a built in brush,I just forget
the specific name. Geez,and Ive used it for twenty yrs.
The great thing about these motors is how well they respond to
responsible and careful work. I am always amazed at how well
designed they are,how durable.
Just listen to particular warnings about the flaws they all have and
tend to them.
Use the highest quality parts and BMW antifreeze.
Oh,and GET a Bentley manual.