Looks like an awesome project car. I was just about to congratulate you on have all four center caps until I saw the second pic. Try to find one if you can, I think those rims look good on the car. Clean her up and enjoy the ride!!
But yes, check all the normal ware and tear parts, inner/outter tie rod ends, subframe, steering rack, and the rest, check the tranny fluid, make sure it is nice and red, not brown, and doesn't smell burned, also, clean that engine up and give it a good wash and a new coat of paint. :-p