Welcome to Stangnet.
Yep, you got yourself a project there. Don't worry though, you'll get lots of help from the guys here.
Start a new thread on your build in the '79-'95 general talk subforum. Start the thread from where you are now and where you intend to go. We've been through pretty much anything you'll run in to.
It's good to have you with us and I look forward to hearing more about your buddies car.