'66 Restoration help

Hello All, This is my 1st post, I have been considering buying a 1966 Riviera from a friend of mine and restoring it from the ground up. It has some surface rust, and I will probably have to replace the bottom half of some of the quarter panels. The interior is in very good shape and the 425 nailhead engine w/96k miles runs strong as does the Super Turbine Transmission. What should I look for and more importantly look out for in considering this as a project car? My friend wants $2600.00 for the 1966 Riviera, Is this a good price? Do you think this is a doable restoration? how much rust is too much rust? Any help would be greatly appreciated. I would like to post Images of the '66 Riviera for feedback but do not know how.
Thank You Michael

Michael, welcome! While you will probably get some tips from a couple members here, I'd urge you to ask for help and info in such places as the ROA forum on the AACA site, which is heavily slanted towards the 60's and 70's Rivieras, plus www.V8buick.com will have a ton of members with experience with the older Rivs such as yours. I can tell you that sheet metal will be a problem. Other than mechanical, there are not a lot of aftermarket items out there for the old Rivieras. $2600 may be a fair price, if the interior and engine/trans are not a problem. Body and paint work are not cheap, if needed. Your source of sheet metal will likely be only searching for good used pieces. To post pictures, you need to have them hosted on a site such as www.photobucket.com which is free to use, then you post a link to the image here in your thread.

Good luck with this Riv, it sounds like it could be a good project, I don't mean to discourage you, really.