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What would a car be worth in this situation - rust on doors and some surface rust?
Is there a top dollar figure if engine is running and transmission functions poperly?
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In the condition you describe, I would assume it is a "parts car" until proven otherwise -- which gives it a floor value of about $10-12k if complete (including original wheels, engine, transmission, & seats). This is true even if it is a little rusty, so long as the rust is localized and most of the body panels are intact and usable.
If it starts, shifts, drives, and can pass DMV inspection (And local smog) then is is worth a couple grand more.
Realize these are just rule of thumb calculations -- it would take a lot more info to get a real assessment of value. Further, most experienced Porsche buyers (who don't run breakyards) wouldn't buy a car like that at even $8-10k because -- as earlier posters have suggested -- it just costs too much to get them "right."
Unless you are doing it for the fun of repairing a needy car, and want a low buy-in, you are usually better off choosing a less needy car. It will be cheaper in the long run, and possible worth more when you are done.