Just got it dropped off. The 0% advertised rust was clearly bs, but I think its very restorable. Where the rear parcel shelf goes is pretty bad, but looks like an easy place to work on the metal. Could be some problem spots near one front wheel well but i've seem much worse. Hard to tell on the floors but nothing obviously bad, Rear tail light is pretty bad, and the spare tire hold down was rusted in place so I assume what's under there isn't great, though rust did not go through to the other side. Lots of surface rust needs cleaned up and I'm sure there will be a few hidden surprises beneath some of them. Shock towers looked good and no obvious signs of patches, I think the paint is original (the color certainly is). Hood has the original non-adjustable stoppers, pretty much every piece I looked for was there (no football washer reservoir though, no rear windshield). Appears to be stock shift knob, mirror, trim, steering wheel (with a different spare). The dash is pretty beat, will have to assess that later.
The VIN on the block matched the cars vin, so at least the block is original (who knows about the head and valve cover).
Unfortunately, I have no room or shop to work on the car, but it was located in the city my parents live in (and I was passing through). They have room (though not a shop) and I had the car brought there. I will probably get a Harbor Freight canopy to protect it for now. I will clean it up, take stock of all the spare parts (determine what is spare and what is replacement for a busted part), and try to disassemble the car to assess the body as much as possible. There is a decent chance it ends up too big a project for me and I just sell the spare parts and clean up whats left and find someone who can restore it to glory, but I really love caribe roundies, so if I can do it, I will. For now, working on it when it is 3.5 hours away from where I live means this could be an extremely long project, goal one is to not let it get worse.
Of course the guy claims it was a barn find, and he had sweet looking old italian coupe from the same place (I didn't recognize the brand). Judging by the state of both cars and the number of spare parts, the previous owner was indeed a hoarder. Barn find, garage find, doesn't matter to me. Last registered 18 years ago and I think if it were outside the whole time it would be a goner, even in Eastern WA.
Excited for what lays ahead, though I didn't really have this money lying around to buy this, I think with all the extra parts the worst that happens is I get close to breaking even and get the car to someone else to finish.