first off, as stated before, what are you using it for? a trailer queen? daily driver? weekend cruiser? street/strip?
look for rust on the radiator support, look for Major rust on the fram and look at the condition of the frame around the rear wheelwells. from what i have seen front end bushing and shocks need to be repaired alot. and like any other car, give it a once over and check the numbers(get the VIN and engine cast # and if you can get the tranny #) and make sure everything, tranny, rear, and engine operates properly.
dont jump on anything. the first vette i bought was a mess, 78 home rebuilt L-82, auto, lights didnt come up and needed front end bushings. i was lucky and some guy just came up to me and offered more than i had bought it for so i sold it and i got the car that i have today, which is MUCH better. i should have just waited and bought this one, but hey i got lucky dont make the mistake and buy the first one you see unless you cant pass it up.