Father son project.

I sincerely hope you didn't pay 75,000 for that car, I believe you meant 7500.00 that would be more in line. How bad are the floor pans, etc? If it's just surface rust, that is an easy fix. If it's rusted through, break out the tools, locate patches and go to work. It looks to be fairly solid from the outside, but you never know what is lurking under the shiny paint. Good luck, and welcome from Texas.