I've looked the car over real good. The only rust I found was on the bottom of the quarters. The fenders have some bondo and are banged up at the front so I'll want to replace those eventually. The floors look good and the rails are solid. No rust on the roof or around the windows either. There are actually some grille pieces inside the car on the floor that are in great shape. That front clip is trashed but I found one on craigslist for $150 that I might scoop up fast if I decide to get the car.
Thank you all for your advice. I'm still learning and growing in the hobby and it gets more fun every day.