Jeff,
Scott is right on with his questions. Before offering suggestions, there are three critical questions:
1) What is the current situation? Most important is rust but all other is important.
2) What do you want to do? What use? What 911 do you want to end up with? Basically you were given a 911. No one in his right mind says no. You need to ask yourself if this is what you want. With this car you will be encouraged to keep it original (or at least returnable to original). You need to evaluate this.
3) What is your budget? Don’t post that but contact other owners. It is very easy to spend far more than the current market value on one of these 911s. If done right, you can have a lifetime of enjoyment and cost be damned.
Another alternative is to sell the ’68 911 to an enthusiast and buy the model you want. You will get more than $500.
If you want to restore the ’68, you will find a lot of help. As Henry
said “As you can see, this is not for the faint of heart....“ I’ll be glad to help. Make sure your pockets are sufficiently deep.
Best,
Grady