So, I got a 74 nova a few months back as a project. It was $800, and all it needed was brakes to get it on the road. It's got the big ugly bumpers, but I plan to sink them in closer to the body one of these days.
It's got the 250 straight 6 and auto tranny. I would like to do some sort of motor swap, but don't have the money or place to do it right now.
Day 1, how I found it:
Towed it home and found out what it needed. I did a disc swap, replaced the wheel cylinders, and put in a new master first off. While I was at it, I put in 2" lowering spindles.

The old rusty 14's wouldn't fit over the new discs, so I got some used rallys with tires, rings and caps for $300.
It's got rust behind the wheel wells and in the tail light panel, but it's all good, I'll fix that stuff eventually.
I did take some soapy water and scotch brite pads and got rid of the surface rust, so it looks more white. Before (right side of hood) and after (left):